$1.8M+ Revenue Italian Restaurant | Showpiece Buildout | Manager-Run

Asking Price$770,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$26,000
Not included in asking price
FF&E$375,500
Included in asking price
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$1.8M+ Revenue Italian Restaurant | Showpiece Buildout | Manager-Run


Asking Price$770,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$26,000
Not included in asking price
FF&E$375,500
Included in asking price

Seller Financing Available
Business Description
CARPE DIEM....
ARE YOU READY FOR THIS? SOLID opportunities like this are rare.
This is a high-performing, visually striking Italian restaurant that just generated nearly $1.8M+. Having produced revenue north of $2.2M the owner was driven to doubled down and spent over $600,000 in a high-end remodel including State-of-the-art equipment to optimize workflow and enhance customer experience. It could easily be calculated that between $150,000-$200,000 was unrealized due to the down time for remodel. The newly created 26-person center bar along with a 2nd 9-person bar generates much of heightened energy that carries throughout the restaurant. Decor is elevated, well-appointed and welcoming. This is the place where neighbors come to socialize and couples come to enjoy a date night!!

Located in the heart one of Tampa's most dynamic and sought after areas.
The restaurant finds itself nestled within a charming walkable village setting, this is a prime mixed-use development that has very strong demographics with a rich density of families, young homeowners as well as seasoned empty nestors with plenty of disposable income.
A true turnkey business with a history of strong revenue, has recently undergone a complete remodel, manager run, and a premium location? Are you kidding? These situations—rarely come to market.!

Restaurant is fully staffed, manager run with minimal ownership involvement
UNFORTUNATLEY, due to a pending divorce owner has been unable to give the attention he would to in order to see the full potential realized. Currently owner only come in two days a week. Due to the situation the owner is even willing to offer some financing for a quick sale!!! And that's where you come in!!!

With a well-designed menu in place new ownership will able to focus on operations and growth without worrying about the initial challenges of build out or hiring and training of new staff.
This an ideal opportunity for an experienced operator or group looking to step into immediately with clear upside to really thrive. Are you a restaurant veteran or have always wanted to finally have your own? Perfect for a family operation as well. Come thrive in this market.

Facility & Seating
3,860 SF
170 interior seats
126 outdoor seats

Operations
Fully staffed and manager-run
Owner involvement approximately 10 hours per week
4COP SRX liquor license included
Opened in 2021 with a consistent track record of success


Black Book Advisers
"Trusted Brokers of Business and Commercial Real Estate"
Michael Adamo / Broker
Michael Adamo is a third generation Restaurateur, having owned and operated some of the most well acclaimed restaurants in their perspective areas for over 31 years. Now as a Business Broker specializing in the Food and Beverage Sector and having proudly completed many of the most notable transactions, his insight and astute knowledge is sought after by some of the Top Restaurant Groups in the Bay Area. Whether if it's your first venture or if you're a multi-unit operator Black Book Advisers is here to share their knowledge and insight of the marketplace and see you successfully through your choice of Transaction, Buying or Selling.
IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement (NDA) before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS! Once you have signed the NDA, we will call you to discuss the business opportunity in greater detail before releasing confidential financial information.
Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.
About the Business
Years in Operation
5
Employees
21 (7 Full-time, 14 Part-time)
Facilities & Assets
Facility & Seating
3,860 SF of heated space plus patio
170 interior seats, including bar seating
126 outdoor seats across front patio and covered side patio
Excellent indoor/outdoor flow ideal for high-volume dinner service
. Comes with Walkin cooler, office area, (2)-s/s 2-door reach-in freezers, 10' s/s prep table, 2 ss refrigerator, full kitchen line including, 8 burner stove, (1) imported electric 2 deck pizza oven with top and bottom heat. 40 quart mixer, full slicer, approx. 25 ft of fully equipped kitchen line.
Market Outlook / Competition
The business is located in a highly active mixed-use district with constant pedestrian traffic and a dense surrounding residential base. The area supports strong evening demand and repeat local clientele. Competition in the immediate trade area is limited, with no comparable full-service Italian restaurant offering a similar scale, bar presence, and outdoor seating. This creates a differentiated position and strong customer loyalty within the market.
Opportunities for Growth
Growth:
LUNCH/
BRUNCH- Really develop and market weekend brunch outside on the patio with music
BAR-drive sales with 2nd happy hour/ Hospitality specials
Further leveraging outdoor seating for dining "al fresco"
PIZZA- TAKEOUT AND DELIVERY
PRIVATE PARTIES / CATERING
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,806
Rent
$14,778.00 per month
Lease Expiration
6/21/2027
About the Sale
Seller Motivation
Divorce and Moving
Transition Support
Owner will train for 2 weeks at zero cost and will help to see a successful transfer.
Financing Options
$600,000 down additional terms negotiable
Listing Info
ID
2468421
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Business Listed by: Michael Adamo Black Book Advisers

Listing ID: 2468421 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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