Semi absentee run Italian Restaurant in an affluent area in the Tampa Bay area. Well established and well known for many years. Real Estate is included in the purchase price. Lender pre-qualified due to very clean books and records.
- Asking Price:
- $3,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,165,720
- Cash Flow:
- $957,663
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Standalone building in an upscale area.
Business Operation
- Expansion Potential:
-
Room to expand the bar and extend the hours to lunch as the business is only open form 5pm to 10pm.
- Competition / Market:
-
Not many high end Italian restaurant in the Tampa Bay area.
- Reasons for selling:
-
Retirement.
- Trading hours:
-
Monday-Saturday 5pm-10pm
- Employees:
- 8 FT/22 PT
- Years established:
- 17
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
Business and restaurant experience a plus.
- Financing available:
-
Lender pre-screened with $350K down.
- Furniture / Fixtures value:
- $250,000 - included in the asking price
- Inventory / Stock value:
- $80,000 - included in the asking price
