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Listed by:

Transworld Business Brokers of North Florida

Turnkey Italian Restaurant In One Of NE-FL Fastest-Growing-Market For Sale

St. Johns County, Florida, US
Asking Price:
$888,000 Inventory / Stock included
Sales Revenue:
$2,108,591
Cash Flow:
$428,696

Award-Winning, Decades-Established Italian Restaurant – NE Florida

This is a rare chance to own a beloved, Italian restaurant in one of Northeast Florida’s fastest-growing suburban markets. For decades, guests have come back for its scratch-made Italian cuisine and warm, family-style hospitality. The restaurant has earned multiple local awards. Kitchen is fully staffed for continued success. Adjustments made in the financial to account for one full time owner/operator.

Highlights

Long operating history with a loyal base of repeat customers
Revenue from dine-in, takeout and online ordering, and private events
Wine, beer and liquor service
Affluent, high-growth location
Turnkey operation with experienced, long tenured staff and transition support from the seller
All inquiries are confidential. Buyers must sign an NDA and provide buyer profile or personal financial statement. Lender pre-qualified.

For more information on this business for sale contact listing agent Bianca Evans - (904) 992-2223. Please refer to listing #7101322811.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 18000
Square Footage: 6500
Building Type: Shopping center
Terms & Options: Negotiable
Expiration Date: 11/30/2026

Location:

St. John's County, Florida

Premises Details:

Shopping Center

Size in square feet:
6,500

Business Operation

Competition / Market:

Miles: 10
Years: 5

Reasons for selling:

Retirement

Trading hours:

Sun-Tues 4pm-Close

Employees:
45
Years established:
40

Other Information

Support & training:

Weeks Training: 3
Cost: $0

Financing available:

Loan/Other- Amt: 796,000
Mos: 120
Rate: 9.50
Mo Pmt: 10,300.05

Inventory / Stock value:
$70,000 - included in the asking price

Listed by

Transworld Business Brokers of North Florida