Successful Italian Restaurant

Ocala, FL
Marion County

Asking Price: Annual Revenue:
$470,000 $1,324,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Successful Italian Restaurant Broker: Jean-Philippe Truchement

Quick Facts

Asking Price: $470,000
Annual Revenue: $1,324,000
Net Profit: Not Disclosed
Cash Flow: $235,000
Total Debt: Not Disclosed
FF&E: $275,000
Real Estate: Not Disclosed
Year Established: 2
Employees: 22
BBN Listing #: 851944054
Broker Reference #: 894600127

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Business Overview:

Great location & growing - near On Top of the World & World Equestrian Center

A turn-key business for sale. Established for 6 years of stable income and growth. Big growth potential with take out with delivery app and marketing. Near on top of the world (with plans of 10,000 more homes being built, and World Equestrian Center). Very profitable restaurant fully equipped kitchen and bar, completely remodeled end of 2019 by current owner with updated furnishings, restrooms, and more! Outstanding reputation generating great revenue with a loyal and stable clientele. The restaurant offers both dine-in and express take-out and is currently open daily from 11:00 am to 9:00 pm. It’s menu of authentic Italian dishes as well as its extensive choice of Brick Oven Pizzas make it one of the area’s favorite Italian experience.

It is very well located in a shopping Plaza anchored by a high-end grocery store with ample parking for its patrons. It fronts a busy highway in the thriving community of Ocala, FL. Owner works minimal hours with a Great Staff!

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Property Features and Assets:

The rented unit is 3,500 Square Feet and the current lease runs through Oct 2030 with a 5 year option after that. The rent is $5,900 and the Restaurant offers a total of 160 seats.

Market Competition and Expansion:

There are a number of Italian and Pizza restaurants in the community varying in size and quality. The restaurant has been developed by its current owner with growth in mind. The owner suggests that a new owner may want to actively pursue Catering which he has not done extensively. He believes there is a strong demand from a number of venues. The owner believes that the delivery options to the customers could be improved.

Reason for Selling:

Located too far from Owner's other Restaurants.

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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