Italian | American Restaurant

Not Disclosed, FL
Lee County

SW Florida


Asking Price: Annual Revenue:
$619,900 $1,387,698

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian | American Restaurant Broker: Dave Williams

Quick Facts

Asking Price: $619,900
Annual Revenue: $1,387,698
Net Profit: Not Disclosed
Cash Flow: $268,198
Total Debt: Not Disclosed
FF&E: $275,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 25
BBN Listing #: 21061062
Broker Reference #: 90406992

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Business Overview:

PRICE REDUCED!! For over 20 years, this Italian American has been the name that other restaurants strive to compare. The owners take pride in seeing that customers’ expectations are exceeded. Although there are many UPSCALE residential golfing developments just minutes away in the area, they draw from neighboring cities as well. Revenues can be increased substantially by capitalizing on the demand to open for lunches and promoting carryout to the ever-growing number of today’s health consensus patrons. Seating for over 175. Private cocktail lounge. Easily assessable with unbelievable amounts of FREE parking. SBA Lender Pre-Qualified with $120,000 Down Payment. Terms are Approximate.

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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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