Business For Sale

Intimate Italian Restaurant

Not Disclosed, FL
Sarasota County


Asking Price: Annual Revenue:
$169,000 $572,517

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Intimate Italian Restaurant Broker: Joseph Nicolini
Owner Financing is Available!
Loan/Seller: -Amt: $30,000 -Mos: 24 -Rate: 7.00 -Mo Pmt: $1343.18

Quick Facts

Asking Price: $169,000
Annual Revenue: $572,517
Net Profit: Not Disclosed
Cash Flow: $183,741
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 4
BBN Listing #: 9393630
Broker Reference #: 3353732036

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Business Overview:

Reservation only, white table service Italian Restaurant located on main thoroughfare in Sarasota County with a well-known independent grocery store opening in the shopping center soon. Restaurant does not accept credit or debit cards and doesn't even have a beer or wine license. Steady customers come from over 50 miles away for this dining experience which also has a very limited menu. All meats and fish are purchased fresh daily. Customers love to watch the chef/owner prepare their meals in this open kitchen located in the dining area. Highly desirable and located near Siesta Key. Extremely low rent for this area. Restaurant is only open for dinner 4 hours per day. Please refer to listing #3353732036 and ask for Joseph Nicolini when inquiring. Thank You!

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Property Features and Assets:

Lease/Month: $1,654; Square Footage: 1,020; Building Type: Strip Center; Terms & Options: 1-3 year option; Expiration Date: 3/1/2023.

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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