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Neighborhood Italian Restaurant With Loyal Following For Sale

Saint Lucie County, Florida, US
Asking Price:
$325,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$697,772 (USD)
Cash Flow:
$217,541 (USD)

With over 50 years in the area & in business this Seller is ready to go play golf and enjoy the rest of his life, He has owned many different places over the 50 years, but this seller found himself a little Dimond in the rough. He made this location a total gold mine. Opening in 2009 with just one bay, and then after just a short time expanding to the next two bays with a full dining room. This is truly the neighborhood Italian place to dine. Local loyal clientele supports them all year round. 8’Hood system, double stack Bakers Pride Pizza oven, 60-quart Hobart Mixer, and everything you need to run a full-service restaurant. Delivery in house. 400 sq. ft. garage in the back of the kitchen that was transformed into a prep room with prep tables, dishwasher, and walk-in cooler. That 400 Sq. Ft is a bonus, is not being charged for and will transfer to new owner. Front patio seats 20. Covid had very little effect on them, as they were 100% prepared for delivery and take-out.

There are many hidden gems in this place that the seller will be glad to discuss with any qualified buyer. All interested parties must provide proof of funds and a Bio/Resume to get meeting with the owner. This will not last very long at this price!!!!

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: $4500
Terms & Options: Neg.
Expiration Date: 10/31/2024

Location:

Saint Lucie County / Treasure Coast / Southeast Florida

Premises Details:

Building Type: Huge Strip Plaza
Square Footage: 2500
Leasehold: $80,000

Business Operation

Reasons for selling:

Retirement

Trading hours:

Sunday 4-9
Tuesday-Thursday 11-9
Friday-Saturday 11-10

Employees:
8
Years established:
2009

Other Information

Support & training:

Seller will train buyer for two weeks at no cost to buyer

Furniture / Fixtures value:
$36,000 (USD) - included in the asking price
Inventory / Stock value:
$3,000 (USD) - included in the asking price

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