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  • RE:  Turnkey Opportunity | Italian Restaurant | $140K S
  • Contact:  Jazmin Garrison

Quick Facts

Asking Price: $399,900
Annual Revenue: $704,000
Net Profit: Not Disclosed
Cash Flow: $140,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 171464786
Broker Reference #: 60333-146451

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Business Overview:

Great opportunity to own a well-established authentic Italian Restaurant providing high-quality cuisine to its community for 20+ years. Welcoming atmosphere nestled in shopping center corner location with high visibility and foot traffic. Offers a reputation of bringing a taste from distinct Italian regions while providing exceptional service. 4+ star rating on both Google and Yelp its loyal customer base is the hallmark of their success. The foundation has been laid, the reputation established, the systems are polished. This restaurant offers a turnkey solution and is setup for success! Location Details: Approximately 4300 sq. ft. plus an additional banquet room with a 54-guest capacity, a full bar with additional high-top tables and seating. Its open concept layout has been intentionally designed to accommodate both intimate dinners and group gatherings and can seat up to 150 people. Financials: Owner has maintained financial records, providing transparency and insight into the business's performance. ** Type 47 liquor license not included in list price ** Some recipes to be provided during training period Buyers wanting detailed Information will need to provide qualifications for review by the broker.

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Property Features and Assets:

Monthly Rent: $13,000.00 Square Units (Foot, Meter): 4,300 Lease Expiration Date: November 1, 2025, 12:00:00 AM

Reason for Selling:

Retirement

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

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