Great Italian Restaurant-Established 30 Years
Not Disclosed, VA Not Disclosed
Request More Information Contact the Seller
- RE: Great Italian Restaurant-Established 30 Years
- Contact: Bill Kelly
Quick Facts
| Asking Price: | $350,000 | |
| Annual Revenue: | $411,622 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $120,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1973 | |
| Employees: | 11 | |
| BBN Listing #: | 1020227 | |
| Broker Reference #: | 9525-962945 |
Business Overview:
This successful, family owned and operated restaurant, has been serving the Virginia peninsula for over 30 years. Conveniently located, in a 3,000 sq ft, end unit commercial condo, offering authentic Italian dishes, Pizza, Wine & Beer and authentic pizza spinners. Over the years, the restaurant has developed a great reputation for excellent food and service, with generations of loyal families, sports teams, clubs, and associations. The facility includes a spotless, large kitchen with stainless hood, grill, deep friers, fridge/freezer, cold and hot prep tables, and of course a commercial dough mixer with several large gas fired pizza ovens. The dining area includes 30 four-tops and booths with a banquet room in the back that seats 30 guests, plus, an outdoor dining area that can accommodate an additional 40 guests.  The purchase price includes thousands of serving pieces, starting inventory, and everything you need to continue business the day after purchase. The Seller is willing to stay for 30 days of training and advise insuring a smooth transition.
Real Estate is being sold separately with the business. Real Estate services are provided by TBA RVA Realty Inc dba Planet CRE – Contact Bill Kelly at 804-510-0670
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Market Competition and Expansion:
This is an excellent opportunity for an experienced restaurant manager to add a profitable location. Also, perfect for an owner operator or family starting their first restaurant because all the staff is staying. No advertising is needed due to the steady flow of loyal customers.
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
