Business For Sale

Famous Restaurant

West Bradenton, FL
Manatee County

Asking Price: Annual Revenue:
$249,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Famous Restaurant Broker: Denis J. Burke, MBA
Owner Financing is Available!
$99,000 with $150,000 Down.

Quick Facts

Asking Price: $249,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $85,000
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 7
BBN Listing #: 296145879
Broker Reference #: Not Disclosed

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Business Overview:

Imagine buying this nostalgic Italian Restaurant where the Italian born Owner/Chef is so famous he was featured in the Guinness Book of Records. The Governor of Florida, Charlie Crist and other famous people have visited here. After 50+ years in the Restaurant Industry, "Mr Famous Chef "wants to Retire. This is a cozy upscale "DINNER ONLY" Restaurant about 2,000 square feet with comfortable seating for about 60-70 people. It is a classy, elegant place with a relaxed atmosphere close to downtown Bradenton, Anna Maria Island and the Beaches. The facility has a 2 COP Wine and Beer license. It is OPEN Tuesday to Sun 4:30 pm to about 9 pm. If you have never before owned a restaurant, the Seller will stay on up to 3 months and teach you. History could be made if you Buy this Restaurant as you will have the privilege of meeting and working with one of the "greats! He is the "Mohammad Ali" of the Italian Restaurant industry.

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Property Features and Assets:

This gifted Italian Chef can teach you "trade secrets"about how to prepare food just as it was in "Old World Italy".The books and records are average.But with him offering seller finance and staying on for 3+ months after the closing, you are well protected. Asking $249,000. With $150,000 Down,Owner will SELLER FINANCE the balance on flexible terms.Proof of Funds must be provided and a signed NDA is required before any information is released.As he says,"show me da money and we talk." :)This is your GOLDEN OPPORTUNITY...CAPITALIZE on the FAME...DON'T LET this one PASS YOU BY!

Market Competition and Expansion:

Open for lunch,offer catering and do deliveries through Uber Eats & Bite Squad.

Reason for Selling:

Retiring after 50 years in the Restaurant Business.

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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