MergerPlace

Authentic Italian Restaurant

Virginia (Virginia Beach City)


  • Asking Price: $75,000
  • Gross Income: $281,049
  • Cash Flow: $54,410
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $85,981
  • Listing ID: #211531
  • Established: 2016
  • Employees: 4 FT / 3 PT

Business Description

Full Service Authentic Italian Restaurant. Located in a prestigious outdoor shopping area, this corner cap restaurant has an unsurpassed reputation for homemade Italian dishes no different then you would experience in the heart of Rome. All of the ingredients are hand selected and the pasta and bread are all homemade on location. This is a unique spot with a phenomenal reputation. Reviews are through the roof. And all of the recipes convey. The interior of the facility is well adorned with intimate seating for 40 and for those comfortable evenings, there is an outside patio with seating for an additional 60 patrons. The patio area is a bonus in the lease agreement with the interior space at 1,380 sq. ft. and a base rent of $2,200 per month. Atmosphere and location are key ingredients to this wonderful neighborhood restaurant. That coupled with award winning menu choices with a unique twist favoring authentic Italian cuisine. The location has evolved and grown over its ten plus years and is now established as a fun place to meet and greet and a fabulous place for friends and families to gather to partake in a unique and diverse menu selection coupled with fun entertainment.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Virginia
County: Virginia Beach City

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4 FT / 3 PT

Financial Information

Asking Price: $75,000
Gross Revenue: $281,049
Cash Flow: $54,410
FF&E: $85,981
Seller Financing Available: No

Property Information

Reason for selling:

Relocation.

Support & Training:

Will train for 2 weeks @ $0 cost.

Contact Business Seller

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Business Listed By:

Frank Chebalo

Murphy Business Brokers