Award-Winning Italian Restaurant | Semi-Absentee | 20+ Years

Asking Price$625,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$764,313

Inventory$5,000
Included in asking price
FF&E$75,000
Included in asking price
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Award-Winning Italian Restaurant | Semi-Absentee | 20+ Years


Asking Price$625,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$764,313

Inventory$5,000
Included in asking price
FF&E$75,000
Included in asking price

Seller Financing Available
Business Description
Semi absentee money maker
***SELLER FINANCING AVAILABLE WITH $550,000 DOWN***

RARE OPPORTUNITY to acquire a HIGHLY ACCLAIMED and long ESTABLISHED Italian restaurant offering a charming and authentic dining experience with fantastic food, exceptional service, and a loyal local following. This award-winning concept has earned multiple “Best of the Best” recognitions from the Tampa Bay Times along with several prestigious diners’ choice awards, helping establish a POWERFUL BRAND presence and strong brand recognition throughout the community. Guests consistently rave about the homemade pasta, attentive staff, cozy atmosphere, and welcoming hospitality that keeps customers returning for special occasions and regular dining alike. The restaurant enjoys a STRONG LOCAL REPUTATION backed by OUTSTANDING online reviews, THOUSANDS of digital impressions, and a loyal customer base that does not rely on tourist traffic.

The business operates ONLY DINNER HOURS, FIVE DAYS per week, and is run in a SEMI-ABSENTEE manner with experienced staff handling the day-to-day operations while ownership works only approximately 3–4 days per week primarily overseeing payroll and wine pairings. The approximately 2,500 sq. ft. restaurant features indoor and outdoor seating for approximately 90 guests, a fully equipped commercial kitchen, attractive and well-maintained dining and bar areas, and recent capital improvements including upgraded equipment. LONG-TERM LEASE lease in place with rent including garbage service. Beer and wine license included.

There remains TREMENDOUS upside potential for a more hands-on operator through expanding lunch service, increasing catering and private events, corporate functions, and additional marketing initiatives, as the current owners do not actively pursue these revenue streams. Ownership also closes approximately one week annually for vacation and remains closed on major holidays, creating even more opportunity for expanded revenue. 2023 Gross Revenue $850,000+ with an owner benefit of approx $215,0000, 2024 Gross Revenue $870,000+ with an owner benefit of approx $220,000, 2025 Gross Revenue $763,000+. 2025 decreased in the entire State Of Florida due to economy plus owners health issues, however 2026 is coming back strong and on pace to surpass $900k in revenue.

You are not simply purchasing a restaurant — you are ACQUIRING a TRUSTED and ESTABLISHED brand that has successfully served the community for over 20 years. This OPPORTUNITY is ideal for an owner-operator looking to further grow and maximize the business or for a more passive buyer seeking a well-established operation requiring only part-time oversight. Seller willing to offer limited seller financing to qualified buyers with a strong down payment. This business will not qualify for traditional bank or SBA financing and will require a financially qualified buyer with sufficient liquidity. Opportunities to acquire a restaurant of this CALIBER, REPUTATION, OPERATIONAL STRUCTURE, and proven local following are EXTREMELY RARE.



*** INTERESTED PARTIES PLEASE SUBMIT YOUR INFORMATION THRU THE CONTACT FORM SECTION TO THE RIGHT TO RECEIVE THE NON-DISCLOSURE***. MUST SHOW PROOF OF FUNDS PRIOR TO RELEASING INFO

IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". We will not release any information unless there is a non-disclosure signed and proof of funds.

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
19
Employees
10 (9 Full-time, 1 Part-time)
FULLY STAFFED, 2 COOKS, 1 DISH, 1 SALAD PREP, 6 SERVERS
Facilities & Assets
BEAUTIFUL AND UPDATED. WELL MAINTAINED
Market Outlook / Competition
THIS IS A LANDMARK BUSINESS
Opportunities for Growth
OPEN ADDITIONAL HOURS
OPEN 7 DAYS A WEEK
PUSH CATERING AND PRIVATE PARTIES
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$5,708.00 per month
Lease Expiration
12/31/2040
About the Sale
Seller Motivation
HEALTH AND MOVING OUT OF COUNTRY
Transition Support
2 WEEKS AT NO COST TO BUYER
Financing Options
TO A QUALIFIED BUYER WITH $550,000 DOWN
Listing Info
ID
2503679
Listing Views
63

Contact Seller

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Business Listed by: George Antonaklas LLC Realtec Business Brokers

Listing ID: 2503679 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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