MergerPlace

Large Profitable Italian Restaurant w/RE

Florida (Flagler)


  • Asking Price: $1,295,000
  • Gross Income: $2,002,002
  • Cash Flow: $359,352
  • Real Estate: $400,000
  • Inventory: $40,000
  • FF&E: $150,000
  • Listing ID: #207066
  • Established: 2005
  • Employees: 48

Business Description

Fantastic opportunity in the restaurant market! Well established, high revenue, profitable Italian restaurant / pizzeria in a great location that includes a large outdoor seating area. Fully staffed and ready for a new owner; current owner looking to retire. Can add full liquor license if desired. Sale price includes $400,000 of real estate. NDA and PFS required. Please refer to listing number 7101-854302 and advisor John Serb when inquiring.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Flagler

Company Information

Year Established: 2005
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 48

Financial Information

Asking Price: $1,295,000
Gross Revenue: $2,002,002
Cash Flow: $359,352
FF&E: $150,000
Inventory: $40,000
Real Estate: $400,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 1,284 Square Footage: 6,150 Building Type: Commercial Condo Terms & Options: Y Expiration Date: 7/1/2025

Reason for selling:

Retirement

Support & Training:

Seller will train for 2 weeks at no cost

Contact Business Seller

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Business Listed By:

John Serb

Transworld Business Brokers