MergerPlace

Italian Restaurant In Beautiful Location

Florida (St. Johns)


  • Asking Price: $575,000
  • Gross Income: $1,615,729
  • Cash Flow: $296,903
  • Real Estate: Not Disclosed
  • Inventory: $12,000
  • FF&E: $200,000
  • Listing ID: #198685
  • Established: 2003
  • Employees: 10ft/18pt/2mgrs

Business Description

Florida living at its best! Established restaurant with an excellent reputation located in a highly desirable area of St. Johns county draws large crowds of both locals and tourists. Consistent sales growth year over year. Long term lease, restaurant is well-staffed and managed. Extensive menu includes many classic Italian favorites and local specialties. Solid financials. Tax return numbers reflected. SBA approved for a qualified buyer. Adjustments made for one full time owner/operator.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: St. Johns

Company Information

Year Established: 2003
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10ft/18pt/2mgrs

Financial Information

Asking Price: $575,000
Gross Revenue: $1,615,729
Cash Flow: $296,903
FF&E: $200,000
Inventory: $12,000
Seller Financing Available: No

Property Information

Facilities:

3056sf/Stand Alone

Reason for selling:

Relocating

Support & Training:

Seller will provide 2 weeks training

Contact Business Seller

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Business Listed By:

Bianca Evans

Transworld Business Brokers