E2 Visa ***Well Established MONEY Maker $$$ ***
Asking Price: | $399,000 |
Gross Revenue: | $500,000 |
FF&E: | $75,000 |
Cash Flow: | $150,000 |
Inventory: | $7,000 |
Established Year: | 2019 |
For over 5 years, this distinguished Italian restaurant has reigned as a cornerstone of culinary excellence in the Greater Bay Area, earning acclaim as a favorite among A-list actors and celebrities. Boasting a coveted location in a bustling downtown corridor, the restaurant spans 2,100 square feet and features a full front patio, offering a welcoming ambiance and excellent visibility.
A standout feature is its 2 COP license, with potential eligibility for a full COP SRX license—an opportunity known to significantly boost Gross Revenue by up to 35% when implemented. This strategic advantage enhances profitability and broadens the scope for enhancing dining experiences.
Additionally, the property includes an upstairs space that serves as both an office and a living unit, presenting a unique live-work opportunity for owners or staff. This versatility adds value and convenience, catering to modern lifestyle preferences.
Situated mere steps from a highly popular event area, the restaurant enjoys a constant flow of foot traffic and patronage, further solidifying its status as a destination dining spot. The area's vibrant atmosphere complements the restaurant's appeal, ensuring continued patronage and community engagement.
This turnkey establishment is fully equipped and meticulously maintained, ready for seamless transition to new ownership. Whether you're an experienced restaurateur seeking a prestigious investment or an entrepreneur looking to capitalize on a thriving market, this Italian restaurant offers a rare chance to acquire a renowned establishment with a storied history of success.
Black Book Advisers
"Trusted Brokers of Business and Commercial Real Estate"
Michael Adamo / Broker
Michael Adamo is a third generation Restaurateur, having owned and operated some of the most well acclaimed restaurants in their perspective areas for over 31 years. Now as a Business Broker specializing in the Food and Beverage Sector and having proudly completed many of the most notable transactions, his insight and astute knowledge is sought after by some of the Top Restaurant Groups in the Bay Area. Whether if it's your first venture or if you're a multi-unit operator Black Book Advisers is here to share their knowledge and insight of the marketplace and see you successfully through your choice of transaction.
IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". Interested parties MUST fill out a Confidentiality Agreement (NDA) before any specific information, such as name and location of the business will be shared. NO EXCEPTIONS! Once you have signed the NDA, we will call you to discuss the business opportunity in greater detail before releasing confidential financial information.
Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.
Thriving Restaurant / Bar in PRIME District
Pinellas County, FL
Price: $289,000
Perfetto Italiana - Turn-Key Restaurant Business For Sale
Pinellas County, FL
Price: $399,000
Established Italian Restaurant Prime Clearwater Florida SHORT HOURS
Pinellas County, FL
Price: $295,000
Buona Restaurants
Available in Multiple Locations
FranchiseCash Required: $300,000