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Well Located Italian Restaurant For Sale

Florida, US
Asking Price:
$199,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$565,410 (USD)
Cash Flow:
$87,947 (USD)

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.

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 (USD) - included in the asking price
Inventory / Stock value:
$2,000 (USD) - included in the asking price

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