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  • Listing No.: 118-10316

  • Category: Food - Restaurant

Asking Price $265,000.00
Down Payment
Gross Revenue $725,000.00
Total Adjusted Net Income $150,000.00
Equipment / Fixtures $100,000.00
Year Established
General Location
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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.  

Gross Revenue $725,000.00 Listed Price $265,000.00
Total Income $150,000.00 Down Payment
Base Rent Square Feet 1660
Total Rent $5,166.00 Lease Expiration
Rent Deposit Lease Options
Inventory Not Included Leasehold Improvements
Equipment / Fixtures $100,000.00 Other Assets
Full-Time Employees 6 Training Period
Part-Time Employees 4 Special License Required
Contract Staff 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.