Business For Sale

Downtown Italian Restaurant

Not Disclosed, FL
Brevard County


Asking Price: Annual Revenue:
$125,000 $265,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Downtown Italian Restaurant Broker: Arthur Pernice
Owner Financing is Available!
Loan/Seller - Amount: $50,000; Months: 24; Rate: 6.00% Monthly Payment: $2,216.03.

Quick Facts

Asking Price: $125,000
Annual Revenue: $265,000
Net Profit: Not Disclosed
Cash Flow: $55,500
Total Debt: Not Disclosed
FF&E: $34,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 9
BBN Listing #: 8992630
Broker Reference #: 0101811425

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Business Overview:

Located in an historic building in a booming downtown area, this restaurant is a rare opportunity for a lover of great Italian food and gourmet pizza. With a main room, a wine bar and outdoor seating, the restaurant accommodates 100 people. Private parties are held in the wine bar as well as entertainment on selected nights. A full well-equipped kitchen and 2COP SRX license are included. Limited hours can be expanded to increase gross sales. Great local reputation and reviews. Owner financing available. Please refer to listing number 0101-811425 and advisor Arthur Pernice when inquiring.

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Property Features and Assets:

Lease/Month: $3,000; Square Footage: 2,500; Building Type: ex bank; Terms & Options: available; Expiration Date: 12/31/2023.

Reason for Selling:

Retirement

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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