Intimate Italian Restaurant

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Intimate Italian Restaurant
Asking Price:
$169,000

Gross Revenue:
$572,517
Cash Flow:
$183,741
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$700
included in asking price

FF&E:
$20,000
included in asking price

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Business Description

Reservation only, white table service Italian Restaurant located on main thoroughfare in Sarasota County with a well-known independent grocery store opening in the shopping center soon. Restaurant does not accept credit or debit cards and doesn't even have a beer or wine license. Steady customers come from over 50 miles away for this dining experience which also has a very limited menu. All meats and fish are purchased fresh daily. Customers love to watch the chef/owner prepare their meals in this open kitchen located in the dining area. Highly desirable and located near Siesta Key. Extremely low rent for this area. Restaurant is only open for dinner 4 hours per day. Lender Pre-Qualified! Please refer to listing #3353732036 and ask for Joseph Nicolini when inquiring. Thank You!

About the Business

Location:
Sarasota County, Florida
Year Established:
2010
Number of Employees:
1FT/3PT
Real Estate:
Leased
Building Sq. Ft.:
1,020
Rent:
$1,654.00 Per Month
Facilities:
Lease/Month: 1654
Square Footage: 1020
Building Type: Strip Center
Terms & Options: 1-3 year option
Expiration Date: 3/1/2023
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Two weeks of training at no cost
Seller Financing:
SBA Financing Available -Amt: $135,200 -Mos: 120 -Rate: 8.75 -Mo Pmt: $1,694.42

Listing Info

ID:
1607129
Ad Detail Views:
0

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Business Listed by

Joseph Nicolini

Transworld Business Advisors of Tampa
License# 3264787

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Sponsoring Broker:

Andrew Cagnetta
Transworld Business Advisors of Tampa


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