Popular Italian Restaurant in Sarasota, FL

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NEWLY RENOVATED restaurant is well known in Sarasota, excellent condition!
Asking Price:
$295,000

Gross Revenue:
$514,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$43,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This sophisticated restaurant is well known throughout Sarasota and is in excellent condition! It's located in a newly renovated plaza close to Siesta Key Beach. No capital investment needed beside the purchase price. Busy strip mall with an abundance of foot and motor traffic and plenty of parking is available in the newly paved lot. Positive cash flow. Offers a Traditional Italian menu and regional specialties for dinner Monday through Saturday. Seats 90+.

• POSITIVE CASH FLOW!
• 2COP License
• High Traffic Area
• Renovated Plaza
• Fully Equipped Kitchen
• 1,989 Square Feet

*Due to confidentiality, the photos depicted are not actual photos of the properties.

More information can be provided once NDA, PFS, POF or Pre-Approval Letter is received.

About the Business

Year Established:
2000
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
1,989
Lease Amount/Mo.:
$3,135.00
Website:
www.mfcre.com/listing/30255462
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About the Sale

Reason For Selling:
RETIREMENT
Training/Support:
30 Days training after closing
Seller Financing:
3,135.00 + NNN

Listing Info

ID:
1501022
Ad Detail Views:
412

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Business Listed by

Carlo Piras

Sarasota Signature Real Estate
License# SL3271006

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U.S. Census Data for Manatee and Sarasota Counties, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Manatee and Sarasota Counties, FL
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Source: American Community Survey (2010-2014), United States Census Bureau.

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