Business Overview:
A turn-key business for sale perfect for an E2 visa investor. Very profitable restaurant with 4COP liquor license, fully equipped kitchen, completely remodeled end of 2019 with updated furnishings, restrooms, and more! In a short time it has developed an 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 economically thriving community of Ocala, FL.
The current owner is a very successful Restaurant Operator and will work with the new owner to ensure a smooth transition. It’s highly trained staff with Front and Back-of-House managers is expected to stay on after the sale.
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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 $7,200 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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