Profitable, Full-Service Italian Restaurant & Pizzeria - 35+ Years

Asking Price$675,000

Cash Flow
$234,526
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,864,139

Inventory$3,000
Included in asking price
FF&E$250,000
Included in asking price
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Profitable, Full-Service Italian Restaurant & Pizzeria - 35+ Years


Asking Price$675,000

Cash Flow
$234,526
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,864,139

Inventory$3,000
Included in asking price
FF&E$250,000
Included in asking price

Seller Financing Available
Business Description
Growing Full Service Family Restaurant - Semi-Absentee
An exceptional opportunity to acquire a highly profitable, full-service Italian restaurant and pizzeria in the Hampton Roads area. For more than 35 years, this well-established business has been a community staple, earning a stellar reputation for quality, consistency, and hospitality. While originally known for its pizza, the menu has expanded to feature a wide selection of made-from-scratch Italian dishes offered at family-friendly prices. The restaurant is supported by an experienced staff and strong management team, allowing the current owners to operate in a semi-absentee capacity. With steady growth in both revenue and profitability, numerous awards, and a loyal customer base, this business is positioned as a long-standing favorite with plenty of upside for the next owner.
About the Business
Years in Operation
36
Number of Employees
28
Facilities & Assets
A nice corner spot with 2 big anchors in the same plaza. Well known and busy plaza. Sellers have kept the place up to date with current fixtures, equipment and tables. There is a nice outdoor seating area too.
Market Outlook / Competition
This is a nice family dining experience in a nice environment with good quality food at affordable prices. Not many places can compete with this.
Opportunities for Growth
This restaurant is only open for dinner and closed one day per week. Expanding the hours and adding in some marketing which has not been down significantly in the last few years.
Real Estate
Owned or Leased
Leased
Rent
Not Disclosed
Lease Expiration
7/31/2031
About the Sale
Seller Motivation
Retirement and Other opportunities
Transition Support
2 weeks of training
Financing Options
TBD
Listing Info
ID
2109018
Listing Views
613

Contact Seller

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Business Listed by: Tim Johnson First Choice Business Brokers of Hampton Roads

Listing ID: 2109018 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.