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- RE: Italian Restaurant For Sale! Over $200,000 Owners Income In 2023
- Contact: Ted Tallman
Quick Facts
Asking Price: | $650,000 | |
Annual Revenue: | $899,114 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $204,629 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | 12 | |
BBN Listing #: | 983404 | |
Broker Reference #: | 19823 |
Business Overview:
This well-established, family-run Italian restaurant for sale has been a staple in the community for over 25 years. Known for its authentic Italian cuisine, including pizzas, this restaurant offers a cozy, welcoming atmosphere that attracts loyal customers year after year. The business has consistently generated impressive sales, reaching $900,000 last year, with an owner benefit exceeding $200,000. This turnkey operation is perfect for both experienced restaurateurs and newcomers to the industry who are looking for a profitable and well-established business.The restaurant's long-standing presence in the community has helped it build a solid reputation, creating a loyal and growing customer base. The location offers excellent visibility and high traffic, making it easy for new customers to discover the business. There is ample parking available for guests, ensuring a convenient dining experience. The lease terms are flexible, with options to extend, providing long-term stability and security. Additionally, this Italian Restaurant for Sale holds a beer and wine license, offering another revenue stream. Financing options, including SBA lending, are available for qualified buyers, and the business also presents an ideal opportunity for international buyers with an E2 Visa.This Italian Restaurant for Sale by We Sell Restaurants is a turnkey operation with a fully trained staff and established systems in place, ensuring a smooth transition for the new owner. While the business is already profitable, there is significant opportunity for growth. With the current popularity of pizza and Italian dishes, expanding the menu with specialty pizzas or additional Italian options could attract an even wider audience. Extending operating hours, particularly during evenings, weekends, and holidays, could drive even more sales and cater to an even larger customer base. The growing demand for food delivery also presents an opportunity to increase revenue through third-party delivery services like UberEats, DoorDash, or GrubHub.This is a rare opportunity to acquire a well-established, profitable Italian restaurant with ample room for growth. Don't miss your chance to own a beloved local business with significant upside potential. For more information or to schedule a confidential showing, please contact us today!By providing your phone number to We Sell Restaurants, you are agreeing to receive text notificationsTo request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
2 door true freezer Ice machine and binfloor freezer 3 microwaves6 head coke dispenser multiple storage racks smallwares2 head Keg cooler 3 door True fridge Tea MachineAPW's 3 comp sinkAuto dish washer slicer2 Bakers Pride pizza ovens Stand up Mixer139 seats with tables and booths Vulcan 6 burner stove oven comboAdditional 6 burner stove Vulcan fryer cash register 2- 12 foot hoods 3 door cooler table 2 door True cooler 1 Door freezer Additional 3 door fridge Prep tables True 1 door freezerMarket Competition and Expansion:
Great visibility, long history of successReason for Selling:
RetirementAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
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