Business For Sale

Italian Restaurant with Real Estate for Sale

Not Disclosed, FL
Lee County


Asking Price: Annual Revenue:
$1,850,000 $1,100,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant with Real Estate for Sale Broker: Lino Galati

Quick Facts

Asking Price: $1,850,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: $229,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 14
BBN Listing #: 234532837
Broker Reference #: 95140008

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Business Overview:

Classic Italian Restaurant & F.S.B. Property awarded 4 stars & named among top 500 restaurants in US. 180 seats with full liquor bar. Cozy family ambiance. Private dining rooms for special events. Very reliable, skilled staff. Opened for Dinner only from 5 PM - 10 PM - Sundays closed! Perfect for a couple, with real possibility of 30% activity increase min; Owner will explain how! Details subject to Buyer NDA with Resume & POF. SBA pre-qualified with $290K down including $50K working capital. $66K to be offset against annual SBA loan cost!

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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