Profitable Italian Ristorante

5555 Very Busy Rd., Florida
Business Opportunity for Sale
Profitable Italian Ristorante
Catylist Listing ID: 30833460
Property Subtypes: Food and Beverage
Building Size (RSF): 1,800 SF
Sale Price: $595,000
Year Business Established: 2014
Gross Revenue: $860,000 (Annual)
Cash Flow: $253,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 5/28/2023

Overview / Comments

Over 250K Positive Cash Flow ! Clean Books!

Seriously... PROVEN MONEY MAKER. 100% Successful, Well-Run with Top Notch Staff, Authentic Italian Restaurant in Sarasota/Bradenton area. Five Star Restaurant with Five Star Reviews for the Finest Food, Homemade Pastas and Extensive International Wine List. Don't be fooled by the Unassuming Exterior Fa├žade. Cross the threshold and feel absolutely transported across the globe! From the Tagliatelle Gamberi Scampi to the Tira Misu, savor the Chef's Traditional Family Recipes whilst being serenaded by the Live Violinist and Experience the Best Service in Town! 2 COP Beer and Wine License. Long-term Lease. Crisp Financials. Untapped Potential.
High Visibility on a Main Thoroughfare. Good Candidate for an SBA Loan or an E2 VISA. Wine Inventory is Negotiable. EXCITING OPPORTUNITY.

NDA Required. NO TIRE KICKERS!

Additional Details

Industry Segment: Liquor Stores
Reason for Selling: other interests
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $40,000
Value of Real Estate Included ($): $0
Real Estate Lease Description: leased until 2024 plus options
Employee/Labor Description: Top Notch Staff in Place.
Mgmt/Training Support Description: 2 Weeks training
Competition/Market Description: No direct competition in area

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