Genuine Italian Restaurant and Bar For Sale!

Asking Price$150,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Genuine Italian Restaurant and Bar For Sale!


Asking Price$150,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Transform your entrepreneurial vision into reality with this established Italian restaurant and bar that delivers immediate market advantages and exceptional growth potential. After over a decade of successful operations in Glen Allen, this turnkey opportunity positions you to capitalize on untapped revenue streams and operational efficiencies that current limited hours leave on the table.

Your investment secures a fully equipped, professionally built-out location valued at $400,000 - now available at a significant discount due to retirement. This means you bypass the costly and time-consuming buildout phase while acquiring a proven concept with an established customer base and operational history.

The current limited operating schedule creates your competitive advantage. By extending evening hours and adding lunch service, you'll unlock substantial revenue growth potential that existing operations demonstrate but don't fully capture. This strategic expansion opportunity allows you to maximize your return on investment while serving unmet market demand.

What this delivers for you: Immediate cash flow from day one through established customer loyalty, reduced startup risks with proven location and concept, and clear pathways to revenue growth through expanded hours and services. The restaurant's decade-long presence has built valuable brand recognition and community connections that would take years and significant marketing investment to establish independently.

This opportunity solves common restaurant startup challenges by providing established systems, trained market acceptance, and a physical location designed specifically for food service operations. You'll step into a business with demonstrated viability while having the flexibility to implement your vision for growth and operational improvements.

The timing creates additional value as retiring owners are motivated to complete a smooth transition, ensuring you receive comprehensive operational knowledge and established vendor relationships that support continued success.
About the Business
Years in Operation
12
Employees
Employees are staying with the new owner
Facilities & Assets
Beautifully built out restaurant with details from Italy. Custom painting on the walls, custom counters, wine and liquor display. Full kitchen line custom to the space.
Market Outlook / Competition
This is a very populated area with other restaurants but not romantic like this location.
Opportunities for Growth
The current hours are only 5pm to 8pm. Plenty of growth by staying open later as well as opening on Sundays and lunch...
Real Estate
Owned or Leased
Leased
Rent
$2,379.00 per month
About the Sale
Seller Motivation
Owners are retiring
Transition Support
Sellers will train as needed by the new owners. Term to be negotiated.
Financing Options
None
Listing Info
ID
2485681
Listing Views

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Business Listed by: Jack Singer Singer Business Brokers, LLC

Listing ID: 2485681 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.