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- RE: Italian Restaurant For Sale Fine Dining In North Pinellas
- Contact: Michael And Abby Spizzirri
Quick Facts
Asking Price: | $489,999 | |
Annual Revenue: | $895,928 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $245,928 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | 9 | |
BBN Listing #: | 983020 | |
Broker Reference #: | 18916 |
Business Overview:
Established Fine Dining Restaurant with Loyal Clientele - North Pinellas Location. Italian Restaurant for Sale in Palm Harbor FL. This is your chance to own a highly regarded fine dining restaurant with years of proven success and an outstanding local following. Tucked into one of Palm Harbor's most desirable areas, this upscale restaurant offers a rare opportunity to take over a well-established concept with limited hours, consistent sales, and strong owner earnings of over $210,000 annually.
Known for its exceptional dining experience and warm atmosphere, this Italian Restaurant for Sale has become a go-to for both loyal regulars and new visitors alike. Its location is surrounded by residential neighborhoods and business communities, ensuring a steady flow of traffic and long-term growth potential.
The space features a fully equipped kitchen with well-maintained equipment and a bar, allowing for a seamless transition. With annual sales of over $840,000.00 and a favorable monthly lease of just $5,500, a new owner can step in and continue the success without the heavy investment required to build from the ground up.
A 4COP quota liquor license is available at an additional cost for those looking to capitalize on full liquor sales. Prefer to stay lean? This concept may also qualify for a 4COP license, offering flexibility based on your vision.
Financing is available for qualified buyers, and our team at We Sell Restaurants can guide you through the process, including lender referrals and SBA options. Whether you're an experienced operator or looking to step into ownership with a well-oiled operation, this turn-key business is ready to deliver.
Don't miss out on a rare opportunity to own a thriving restaurant with an outstanding reputation, great staff, and room to grow. Reach out today for more details.
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Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
1 10 Foot Hood
1 Undercounted Grease Trap
1 double basket 70 LBs Fryer
1 6 Burner Stove
1 2 Burner Stove
1 Flat Top Grill
2 3 Compartment Sinks
2 Hand Washing Sinks
1 Salamander
1 Blender / Food Processor
Various Smallwares Pots, Pans, Ladles, Cookware
1 Soup Warmer / Well
Several Misc Food Shelving
2 Prep tables
1 Weight Scale
1 Pasta Cooker
1 Large emersion Blender
Various Wine Display Racks
1 Deli Meat Slicer
1 Madeline Slicer
3 Large Standup Wine Chillers
1 Small Wine Cooler
2 3 Door Counter Height Refrigerator
2 Double door standup refrigerator
1 Salad Prep Cooler
1 Ice Machine
1 double 4 drawer Chef Base
1 2 Door Freezer standup
10 Bar Stools
20 Tables
10 Outside Tables
80 Chairs inside 20 Chairs Outside
4 Stack step up liquor display for bar
Flatware for 150
Serviceware for 150
1 Ice Well at bar
Sound System
various bar and glassware service for 100
1 POS Soft Touch System
1 Security system with cameras
1 Printer/ Copier machine
4 water fountains and various decor
1 Flat Screen TV
2 High Chairs 2 Booster Seats
1 Electrical Sign
Various Trash Recepticals
1 Utility Cart
Market Competition and Expansion:
Restaurant is located in a high density area near the Florida coast. Area has several restaurants but not many fine dining.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional 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
- Sell a business online
- Find a business broker
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