MergerPlace

Intimate Italian Restaurant

Florida (Sarasota)


  • Asking Price: $169,000
  • Gross Income: $572,517
  • Cash Flow: $183,741
  • Real Estate: Not Disclosed
  • Inventory: $700
  • FF&E: $20,000
  • Listing ID: #212432
  • Established: 2010
  • Employees: 1FT/3PT

Business Description

Reservation only, white table service Italian Restaurant located on main thoroughfare in Sarasota County with a well-known independent grocery store opening in the shopping center soon. Restaurant does not accept credit or debit cards and doesn't even have a beer or wine license. Steady customers come from over 50 miles away for this dining experience which also has a very limited menu. All meats and fish are purchased fresh daily. Customers love to watch the chef/owner prepare their meals in this open kitchen located in the dining area. Highly desirable and located near Siesta Key. Extremely low rent for this area. Restaurant is only open for dinner 4 hours per day. Please refer to listing #3353732036 and ask for Joseph Nicolini when inquiring. Thank You!


Business Details

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

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1FT/3PT

Financial Information

Asking Price: $169,000
Gross Revenue: $572,517
Cash Flow: $183,741
FF&E: $20,000
Inventory: $700
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 1654 Square Footage: 1020 Building Type: Strip Center Terms & Options: 1-3 year option Expiration Date: 3/1/2023

Reason for selling:

Retirement

Support & Training:

Two weeks of training at no cost

Contact Business Seller

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Business Listed By:

Joseph Nicolini

Transworld Business Brokers of Central Florida