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  • Listing No.: 118-10316

  • Category: Food - Restaurant

Asking Price $300,000
Down Payment
Gross Revenue $725,000
Total Adjusted Net Income $150,000
Equipment/Fixtures $100,000
Year Established
General Location
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image-for-Mike Kane

Family owned and operated Italian Restaurant in business for more than 40 years is a rare thing to find available FOR SALE.  If you ever dreamed of living the Florida lifestyle near the beach and own a proven Italian Style Restaurant that is perfect for a family who wants to run it themselves.  Owner says sales are strong at approximately $725,000 and owner share is approximately $150,000.  Owners have been renovating to ready for the new buyer.  This is a fully equipped and staffed operation with seating for 96 patrons.  The price is firm and fair.  $300,000.

Gross Revenue $725,000 Listed Price $300,000
Total Income $150,000 Down Payment
Base Rent $0 Square Feet 1660
Total Rent $5,166 Lease Expiration
Rent Deposit $0 Lease Options
Inventory $10,000 Leasehold Improvements
Equipment/ Fixtures $100,000 Other Assets
Full-Time Employees 6 Training Period
Part-Time Employees 4 Special License Required
Contract Staff 0 Reason for Selling

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.