Northern Italian / Mediterranean Restaurant

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 30216507
Property Subtypes: Food and Beverage
Building Size (RSF): 3,000 SF
Sale Price: $150,000
Year Business Established: 1995
Gross Revenue: $428,795 (Annual)
Cash Flow: $58,293 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 7/20/2018

Overview / Comments

Northern Italian / Mediteranean restaurant, focused on quality products and execution has a 25+ year history and was one of the first to feature a wood/gas fired oven as well as the open kitchen design. Consistent Trip Advisor top 25 award pick. Excellent opportunity for an new Chef/Owner to showcase their skills and build on the existing brand while growing their own market. Rest. main dining seats 60+ w/ additional private dining area.

*******2018 Sales are running 35% ahead of 2017.********

Interested parties MUST sign an NDA and provide a business resume along with proof of financial ability.

Additional Details

Industry Segment: Restaurants
Reason for Selling: Personal
Value of Inventory Included ($): $13,000
Value of Furniture, Fixtures, and Equipment ($): $60,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Current lease expires 9/30/2022
Employee/Labor Description: 4 F/T 3 P/T
Mgmt/Training Support Description: Three weeks at no-cost to new owner.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282

Contact

Photograph of Listing Agent

Thomas Gerber

Business Brokerage Solutions, LLC
SWFLCA Member
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