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  • RE:  Manager-Run Italian Restaurant With Amazing Team
  • Contact:  Demetri Venetos

Quick Facts

Asking Price: $649,000
Annual Revenue: $1,031,076
Net Profit: Not Disclosed
Cash Flow: $344,368
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2022
Employees: 8
BBN Listing #: 1002007
Broker Reference #: 890700371

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Business Overview:

Acquire a refined, manager-run Italian restaurant in a prime coastal Pinellas dining corridor. The owner is absentee; systems, staff, and leadership are in place for a clean handoff. Strong wine program, loyal reservation-driven clientele, and disciplined operations make this a turn-key cash-flow play for an operator semi-absentee buyer.
Highlights:
Absentee-run with GM/leadership in place (owner does not work on site)
~$1.0M run-rate revenue with ~$340K discretionary cash flow
Tight cost profile: ~20% COGS • ~26% payroll • ~5% rent-to-sales
Attractive lease structure (assignable) in a high-demand dining corridor
Clean books (POS/bank/payroll/sales tax)
Wine-forward program, premium check averages, strong repeat business
Seller to provide structured recipes/SOPs transition and staff continuity plan


Process:
NDA and proof of funds required to receive the CIM, financial package, and lease summary.

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.

Reason for Selling:

Other business interests. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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