Business For Sale

Full Service Authentic Italian Restaurant

Not Disclosed, VA
Virginia Beach City County

Virginia Beach City


Asking Price: Annual Revenue:
$75,000 $281,049

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Full Service Authentic Italian Restaurant Broker: Frank Chebalo

Quick Facts

Asking Price: $75,000
Annual Revenue: $281,049
Net Profit: Not Disclosed
Cash Flow: $54,410
Total Debt: Not Disclosed
FF&E: $85,981
Real Estate: Not Disclosed
Year Established: 2016
Employees: 7
BBN Listing #: 74424955
Broker Reference #: 2007-14634

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Business Overview:

Full Service Authentic Italian Restaurant. Located in a prestigious outdoor shopping area, this corner cap restaurant has an unsurpassed reputation for homemade Italian dishes no different then you would experience in the heart of Rome. All of the ingredients are hand selected and the pasta and bread are all homemade on location. This is a unique spot with a phenomenal reputation. Reviews are through the roof. And all of the recipes convey. The interior of the facility is well adorned with intimate seating for 40 and for those comfortable evenings, there is an outside patio with seating for an additional 60 patrons. The patio area is a bonus in the lease agreement with the interior space at 1,380 square feet and a base rent of $2,200 per month. Atmosphere and location are key ingredients to this wonderful neighborhood restaurant. That coupled with award winning menu choices with a unique twist favoring authentic Italian cuisine. The location has evolved and grown over its ten plus years and is now established as a fun place to meet and greet and a fabulous place for friends and families to gather to partake in a unique and diverse menu selection coupled with fun entertainment.

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Property Features and Assets:

Total Assets: $85,981

Reason for Selling:

Relocation.

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.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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