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Listed by:

Transworld Business Advisors Richmond

Great Italian Restaurant For Sale

Virginia, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$411,622
Cash Flow:
$120,000

This successful, family owned and operated restaurant, has been serving the Virginia peninsula for over 30 years. Conveniently located, in a 3,000 sqft, end unit commercial condo, offering authentic Italian dishes, Pizza, Wine & Beer and authentic pizza spinners.  Over the years, the restaurant has developed a great reputation for excellent food and service, with generations of loyal families, sports teams, clubs, and associations.  The facility includes a spotless, large kitchen with stainless hood, grill, deep friers, fridge/freezer, cold and hot prep tables, and of course a commercial dough mixer with several large gas fired pizza ovens. The dining area includes 30 four-tops and booths with a banquet room in the back that seats 30 guests, plus, an outdoor dining area that can accommodate an additional 40 guests.   The purchase price includes thousands of serving pieces, starting inventory, and everything you need to continue business the day after purchase. The Seller is willing to stay for 30 days of training and advise insuring a smooth transition. Real Estate is being sold separately with the business. 

Real Estate services are provided by TBA RVA Realty Inc dba Planet CRE – Contact Bill Kelly at 804-510-0670

Property Information

Real Estate:

Real Property Included

Size in square feet:
3,533

Business Operation

Competition / Market:

This is an excellent opportunity for an experienced restaurant manager to add a profitable location. Also, perfect for an owner operator or family starting their first restaurant because all the staff is staying. No advertising is needed due to the steady flow of loyal customers.

Reasons for selling:

Retiring

Trading hours:

Tues - Saturday 11 am to 9 pm

Employees:
11
Years established:
1973

Other Information

Support & training:

2 Weeks

Furniture / Fixtures value:
$25,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price

Listed by

Transworld Business Advisors Richmond