13 Year Established Fine Dining 4 and 5 star rated Italian Restaurant located Across Street from the beach and nice hotels in Daytona Beach. Known for its excellent Italian Cuisine. Beautiful inside setting with a full bar and casual relaxed outside seating area set up for live entertainment. Not only does this location draw the many tourists that visit the area, but also has a loyal local following. The owner is moving and is willing to carry a note for the experienced buyer. Great chance to own a very nice restaurant for only 100K down payment. Please refer to listing 2301866817, business broker Tom Lenzini when you inquire about this listing.
- Asking Price:
- $199,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $565,410
- Cash Flow:
- $87,947
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 5000 Square Footage: 2400 Building Type: Stand Alone
Terms & Options: Renewable Expiration Date: 4/1/2020
- Premises Details:
-
Lease/Month: 5000 Square Footage: 2400 Building Type: Stand Alone
Terms & Options: Renewable Expiration Date: 4/1/2020
- Size in square feet:
- 2,400
Business Operation
- Competition / Market:
-
Non Compete : Miles: 20 Years: 2
- Reasons for selling:
-
Owner Moving
- Trading hours:
-
Operating dys/hrs : Mon-Thursday 3-10:30 and Weekends 11:30 AM til 10:30 PM
- Employees:
- 10
- Years established:
- 2007
Other Information
- Support & training:
-
Weeks Training: 2 Cost: $0
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Lease/Month: 5000 Square Footage: 2400 Building Type: Stand Alone
Terms & Options: Renewable Expiration Date: 4/1/2020
- Furniture / Fixtures value:
- $85,000 - included in the asking price
- Inventory / Stock value:
- $2,000 - included in the asking price