Italian Restaurant And Bar For Sale

Business description

This restaurant/bar operates in a popular business center on US 19N. The food is cooked to order by the owner who is originally from Italy. Only the freshest ingredients and spices are used to create quality cuisine. The restaurant/bar’s 2009 annualized earnings are $21,078. The menu offers a wide selection consisting of sautéed dishes, salads, seafood, veal and chicken. The restaurant provides free Wi-Fi to customers and offers nightly entertainment services provided by a DJ Sunday-Thursday. Live music and dancing is available on weekends and draws crowds from the local neighborhoods and hotels. The owner has previously operated restaurants in the Tampa Bay area before opening this prime location in early 2007. The business is close to Tarpon Springs which attracts tourists who enjoy the food and dancing. The business was designed with separate the bar and dining area in order to accommodate customers who want to play games, or watch the numerous TV’s without disturbing the guests who are dining. This is an outstanding opportunity for a buyer who can develop this successful top-rated restaurant, expanding and building brand awareness through extensive advertising means.

Property information

Location:

The restaurant/bar is located in a busy shopping center on a major highway in the Tampa Bay area. The 4,750 sq. ft. facility is leased.

Size in square feet:

4,750

Other information

Competition / Market:

The restaurant is ranked as one of the top restaurants and bars in the area.

Support & training:

2 weeks

Reasons for selling:

Due to health issues the owner needs to move out of state.

Trading hours:

The restaurant/bar is open 7 days per week, noon-2:00am

Furniture / Fixtures value:

$120,000 (included in the asking price)

Inventory / Stock value:

$10,000