Italian Restaurant - Great Location

Jacksonville, FL
Duval County

Southside Mandarin Area


Asking Price: Annual Revenue:
$80,000 $350,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant - Great Location Broker: Robert Rukab
License #: CQ1034325

Quick Facts

Asking Price: $80,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $35,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 5
BBN Listing #: 627157840
Broker Reference #: 0001

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Business Overview:

Long and well known Italian Restaurant located on the Southside Mandarin area in Jacksonville. Restaurant has been a staple in the area for 40 years and just needs some new blood and innovation. Keep the same concept or re-brand with a new and exiting concept. Great lease and low overhead.

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Property Features and Assets:

Located near the busy Baymeadows Commerce area and a little marketing and word of mouth will get this restaurant to elite level.

Market Competition and Expansion:

Many roof tops and businesses in the area. Would work as a Breakfast and Lunch location, Lunch and Dinner location or all three. Growth is unlimited.

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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