Italian Restaurant & Pizzeria -SBA or Seller Financed

Asking Price$279,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$806,357

Inventory$2,500
Included in asking price
FF&E$75,000
Included in asking price
NOT ACTUAL PHOTOSave

Italian Restaurant & Pizzeria -SBA or Seller Financed


Asking Price$279,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$806,357

Inventory$2,500
Included in asking price
FF&E$75,000
Included in asking price

Seller Financing Available
Business Description
TWO OPTIONS TO PURCAHSE

1. SBA LENDER FINANCING WITH $40,000 DOWN REMAINDER OVER 120 MONTHS AT CURRENT RATE

OR AVOID SBA FEES

2. SELLER FINANCING WITH $190,000 DOWN REMAINDER OVER 36 MONTHS AT 6%

ONLY OPEN 6 DAYS A WEEK. OPENING THE 7TH DAY COULD POTENTIALLY EARN A MINIMUM OF APPROX $2,000 PER DAY.

Indulge in an Italian culinary experience like no other! This THRIVING Italian & pizza restaurant nestled in a BUSTLING strip center that offers the perfect blend of tradition and innovation. Boasting ample parking and a low monthly rent of just $4,100 for approximately 2000 square feet. This GEM features seating for approximately 75 guests.

The menu showcases an irresistible array of Italian delights, from mouthwatering pasta dishes to authentic New York style pizza, complemented by a selection of beer, wine, and more. Since its acquisition in 2022, the current owners have METICULOUSLY RENOVATED the space, resulting in a STUNNING, impeccably clean ambiance that has quickly become a LOCAL LANDMARK.

With RAVE REVIEWS flooding in from both locals and tourists alike, their online presence speaks volumes about their commitment to excellence. Potential for growth is immense with an owner operator.. By introducing in-house delivery services to complement the existing partnership with third-party platforms, revenue streams can be further diversified.

PROVEN track record, supported by verifiable numbers through their POS system, reflects a revenue split of approximately 60% dine-in and 40% delivery. Pasta and entrees lead the charge, accounting for 70% of sales, with pizza sales rounding out the remaining 30%.

Whether you're a seasoned restaurateur or a passionate entrepreneur, this TURN-KEY opportunity promises HIGH PROFITABLILITY and endless potential. Don't miss your chance to own a slice of culinary success!

***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
23
Employees
6 (5 Full-time, 1 Part-time)
Pizza cook, prep & sauté cook, dish washer, prep cook, 2 servers
Facilities & Assets
beautiful remodel 2022-2023
Market Outlook / Competition
many in st Pete however this one has a long standing name and perfect for an owner operator
Opportunities for Growth
add in house delivery and open the 7th day
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,000
Rent
$4,100.00 per month
Lease Expiration
8/4/2032
About the Sale
Seller Motivation
concentrating on full time career
Transition Support
2 weeks at no cost to buyer
Financing Options
TO A QUALIFIE BUYER THRU SBA WITH $40,000 DOWN OR SELLER FINANCED WITH $190,000 DOWN.
Listing Info
ID
2484045
Listing Views

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Business Listed by: George Antonaklas LLC Realtec Business Brokers

Listing ID: 2484045 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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