Business For Sale

Authentic Italian Restaurant & Bar for sale

Virginia Beach, VA
Virginia Beach City County


Asking Price: Annual Revenue:
$120,000 $288,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Authentic Italian Restaurant & Bar for sale Broker: Charles Broadwater, Jr.
Owner Financing is Available!

Quick Facts

Asking Price: $120,000
Annual Revenue: $288,000
Net Profit: Not Disclosed
Cash Flow: $90,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 6
BBN Listing #: 929838944
Broker Reference #: RICHMVA001-N1468

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Business Overview:

Looking for an Italian chef and family to operate this authentic Italian restaurant with food prepared now by an Italian trained chef, his wife, and family. The restaurant has been open for nine years at the same location. It is located in a shopping center surrounded by middle to high-income neighborhoods. Excellent lease in place until 2022 with one additional option to renew. Full ABC Liquor and a clean corporation will make the transfer of the business smooth and easy for the new owner. Fully equipped Italian kitchen and comfortable casual décor. The family operates this business 7 days a week. All recipes included in sale price. Seller will consider some financing for a qualified buyer.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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