Popular Italian Restaurant

Asking Price$350,000

Cash Flow
Not Disclosed

EBITDA$120,000

Gross Revenue$825,000

Inventory$7,500
Not included in asking price
FF&E$86,000
Included in asking price
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Popular Italian Restaurant


Asking Price$350,000

Cash Flow
Not Disclosed

EBITDA$120,000

Gross Revenue$825,000

Inventory$7,500
Not included in asking price
FF&E$86,000
Included in asking price

Seller Financing Available
Business Description
Established Italian restaurant located in a high-traffic shopping center on Mt. Pleasant Road in Chesapeake, VA, offering exceptional profitability with low overhead and food costs. This popular dining establishment generates $825,000 in annual revenue with $120,000 EBITDA, demonstrating strong financial performance since opening in 2022.

BUSINESS HIGHLIGHTS:
- Monthly profits of $10,000 with owner currently earning $120,000 annually
- Absentee owner operation requiring minimal hands-on management
- Prime location in busy shopping center ensuring consistent customer traffic
- Low food costs and overhead structure maximizing profitability
- Established customer base built over continuous operation
- Easy-to-run establishment with streamlined operations

FINANCIAL OVERVIEW:
- Annual Revenue: $825,000
- EBITDA: $120,000
- Asking Price: $350,000
- FF&E Value: $86,000
- Inventory Value: $7,500

LOCATION & LEASE:
- 2,400 square feet in high-traffic Chesapeake location
- Lease rate: $5,400 per month
- Lease term extends through February 1, 2027
- Strategic Mt. Pleasant Road positioning

FINANCING & TRANSITION:
- Seller financing available at 50%
- 30 days of post-sale support included
- Owner relocating, creating opportunity for new ownership

This turnkey operation represents an excellent opportunity for an investor seeking a profitable restaurant business with established systems, prime location, and strong cash flow. The combination of high revenue, low overhead, and absentee ownership model makes this an attractive investment in the thriving Chesapeake market.
About the Business
Years in Operation
3
Employees
12 (5 Full-time, 7 Part-time)
Facilities & Assets
Very clean facility with great equipment
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
$5,400.00 per month
Lease Expiration
2/1/2027
About the Sale
Seller Motivation
Relocating
Transition Support
30 days
Financing Options
50%
Listing Info
ID
2443705
Listing Views
20
Business Location

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Business Listed by: James Zeris

Listing ID: 2443705 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.