Established Italian Restaurant And Lounge

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High Traffic Area Restaurant By The Beach
Asking Price:
$349,500

Gross Revenue:
$1,500,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

DON'T MISS THIS ONE!!!!!45 YEARS ESTABLISHED ITALIAN RESTAURANT AND LOUNGE IN BUSY EAST FT.LAUDERDALE BEACH AREA!!!!! HIGH GROSS SALES !!!! BUILT IN CLIENTELE FROM ALL OVER THE COUNTY AND CONDOS ON THE GALT OCEAN MILE BEACH!!!! HAS FULL KITCHEN AND TWO FULL LIQCOR BARS !!!!!RESTAURANT RENOVATED WITHIN LAST 10 YEARS!!!!DINE AT THIS LANDMARK RESTAURANT!!!!SELLER WILL GIVE CREDIT FOR UPGRADES TO A QUALIFIED BUYER!!!

About the Business

Year Established:
1974
Number of Employees:
25
Real Estate:
Leased
Building Sq. Ft.:
6,950
Lease Rate/Sq. Ft./Yr.:
$18.75
Facilities:
EASY PARKING !!!!! EASY ACCESS FROM THE ROAD!!!! HANDICAP ACCESSIBLE!!!!
Market Outlook/
Competition:
NOT VERY MUCH COMPETITION IN THE AREA FOR ITALIAN FOOD CLOSE TO THE BEACH!!!
Growth & Expansion:
HAS HUGE POTENTIAL TO GROW JUST BY OPENING FOR LUNCH,HAPPY HOUR,AND LATE NIGHT DINING!!!!
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About the Sale

Reason For Selling:
RETIRING
Training/Support:
WILL TRAIN NEW OWNER AFTER PURCHASE.

Listing Info

ID:
1469775
Ad Detail Views:
254

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Business Listed by

Stephan Teboul

Century 21 hansen
License# 0674022

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Source: Decennial Census (2010), United States Census Bureau.

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