Business for Sale Overview:
Profitable Florida Italian Restaurant & Pizzeria With 2COP Liquor License For Sale For $350,000! Great income of $200,000 & it grosses a staggering $500,000 per year! Well established for over 17 years, this very popular & busy restaurant has a comfortable relaxing ambiance & beautiful Italian decor throughout including wine racks, good lighting, ceiling fans & ceramic tile floors. The restaurant seats 90 to 100 guests who can enjoy this beautiful Italian setting with beer & fine wine of their choice along with 3 full specialty Italian menus offering a wide variety of favorites available for lunch, dinner & take-out. Prices are good & their pizza is famous! The restaurant has developed a large customer following for lunch & dinner, including an excellent, take out, particularly pizza trade. Fully equipped & tastefully decorated with warm friendly employees. The well maintained, very clean open stainless steel kitchen is fully equipped with a Bakers Pride double pizza oven,12 burner top stove, grill, 12’ hood system, Franklin oven, convection oven, walk in cooler/freezers, plus glass cased cooler, 2-door freezer, ice machine, 3-compartment sink, waitress station with coffee, cappuccino machine, 40-qt plus 20 qt mixers, slicers, prep tables, 2-glass tables, 2-glass door wine cooler, cookware, storage racks, tablecloths, dishware. Silverware, supplies & lots more. Owner is retiring & is willing to consider financing to suitable applicant.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Located in a prime position on one of the busiest streets in St Petersburg, Florida. The restaurant occupying 2,800 square feet is in a large strip mall with major anchor grocery store & the location could not be better! This restaurant has excellent signage & large parking lot & is right next door to a very high class private college, & sits directly between two large marinas. Another good feature is that this strip mall is always full--there are never any vacancies here, as it is known as a prime spot to operate a good business. Lease is $5,200 month, including water, garbage, cam & taxes. Great place to be on Florida's West Coast.
Market Competition and Expansion:
Good possibilities to increase profit with more advertising, if so desired. No concerns regarding competition.
Reason for Selling:
Owner wishes to retire
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.