Italian Restaurant - Great Location

Not Disclosed, FL
Lee County


Asking Price: Annual Revenue:
$450,000 $2,066,207

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant - Great Location Broker: Eric Gall
License #: BK3217067
Owner Financing is Available!

Quick Facts

Asking Price: $450,000
Annual Revenue: $2,066,207
Net Profit: Not Disclosed
Cash Flow: $179,767
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 36
BBN Listing #: 894256894
Broker Reference #: 964-19010

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Business Overview:

Long-standing Italian restaurant with established clientele on a major highway near very affluent community associations and family activities, e.g., beach, golf, shopping malls, and movie theaters. 4170 SF with indoor/outdoor seating for 160+. Full bar and Italian menu with appetizers, soups, salads, pasta, flatbreads, and other Italian specialties. Opportunities include adding social media advertising, lunch, and Sunday hours. Under-market lease has 12 years of options left.

Numbers reflect 2019 pre-Covid numbers.

Brokers: 50/50 co-broke with BBF and AFLBB members as well as IBBA CBIs. All others shall be on a referral basis only.

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Property Features and Assets:

4,170 Square Feet with indoor/outdoor seating for 160+. In shopping center on major highway near very affluent community associations. $20,000 of inventory included in sale price.

Market Competition and Expansion:

Opportunities include adding social media advertising, lunch and Sunday hours. Under-market lease has 12 years of options left.

Reason for Selling:

Ask seller

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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