Business For Sale

Italian Family Restaurant --Building & Land

Charlotte County, FL
Sarasota County

Asking Price: Annual Revenue:
$1,275,000 $1,120,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Italian Family Restaurant --Building & Land Broker: Denis Burke
Owner Financing is Available!
Owner financing with down payment.

Quick Facts

Asking Price: $1,275,000
Annual Revenue: $1,120,000
Net Profit: Not Disclosed
Cash Flow: $260,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 10+ years
Employees: 8
BBN Listing #: 480745879
Broker Reference #: DB101MMIR

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Business Overview:

****Amazing Deal… Restaurant on private Land!!***

>>>Major Price Reduction<<<

Established 10+ years in the same location. This Italian Restaurant has a proven business model with limitless potential for future generations of families to leverage. Regular customers compliment the food, great staff, location & atmosphere. Own the business and real estate, avoid monthly rent costs!

Owner Financing, clean books and records. NDA, and pre-qualification required.
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Property Features and Assets:

Quaint Italian decor throughout. Full kitchen, with room for catering service prep. Seats approx. 150. Same location for over 10 years, on it's own the property, aprox. +/- 2/3 acre.

Market Competition and Expansion:

There are other restaurants in the area, this is one of the local favorites. High visiability and traffic. This Restaurant has a 2 COP License and will qualify for a 4 COP license. Expand to 4COP license for wider range liquor menu.

Reason for Selling:

Ready to Retire.

Additional Details:

  • The property is owned.
  • 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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