NEW SMYRNA BEACH, Florida
| Asking Price |
$799,999 |
Year Established |
2017 |
|
| Annual Revenue |
$1,617,616 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
Brittney Gates |
|
| Annual Cash Flow |
$274,683 |
Listing Number |
1001561 |
|
| # of Employees |
13 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Buy this Italian Restaurant for Sale in New Smyrna Beach with impressive verified earnings and a track record of success. Dinner hours Only! Sales over 1.5 MILLION and with Owner Benefit of over $250,000 this profitable operation qualifies for SBA lending with 15 percent down. Presented by We Sell Restaurants, it is a turnkey, fully equipped opportunity ready for a new owner to step in and perform from day one.This Italian Restaurant for Sale had sales that reached $1.62 million last year, driven by a loyal local following, steady tourist traffic, and consistent dine in and takeout demand. Serve dinner seven nights with hours 4-9 Sunday through Thursday and 4-11 Friday and Saturday, or add lunch, weekend brunch, catering, and delivery to grow topline revenue. Beer and Wine license in place, seating for 100 inside plus 40 outside delivers a warm, upscale ambiance ideal for date nights, families, and special occasions.The 2,800 square foot dining room, bar, and flexible back of house flow support high volume and smooth service at peak hours. Rent is a manageable $8,830 per month in a thriving shopping center with ample parking, and the lease runs through October 2027 with two options to renew for continued stability. Patio seating welcomes year round al fresco demand in this desirable Florida coastal market with strong demographics.Take over a fully equipped kitchen and polished front of house, then benefit from a trained team of 13 employees already in place with systems and recipes that keep quality consistent. Sellers will provide training for a seamless transition, and they are retiring and relocating, which opens the door for you to step in confidently. Buyers should be prepared to provide proof of funds and complete prequalification before receiving additional details and a confidential tour.SBA lending with 15 percent down is available for qualified buyers, making ownership accessible on day one and backed by strong financials, including an Owner Benefit of over $250,000. Bring your offer today and step into a profitable Italian concept with a prime lease, enviable location, and room to grow sales and profit.
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Property Features and Assets:
Hood, Grease Trap-(In Ground), Fryer 1, 6 burner stove, 8 burner stove, Grill, 3 Compartment Sink, Salamander, Microwave, Other Dough Mixer, Blender, Smallwares(pots, pans, ladles, etc), Soup Well, Miscellaneous shelving, 6 Prep Tables, Sheet Pan Racks, Scale, Espresso/Latte Machine, Convention Oven, Walk In Cooler, Walk In Freezer, Glass Door Reach In Cooler , Under Counter Cooler, Other Refrigeration, Ice Machine, Sandwich Prep Coolers, Pizza Cooler, 70 Count of Tables, 140 Chairs, Seating capacity 150 people, Flatware, Service ware, Underbar Dishwasher, Blenders, Ice Well, Sound System, Bar Glassware and Smallwares, Bar Stools, POS System?Brand , Security System with Cameras, Safe, Copy machine, Store D?cor, Flat Screen TV?s, High Chairs, Booster Seats, Neon Signs, Utility Carts
Market Competition and Expansion:
Well Established - Popular area for locals and tourist
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity