Established Italian Restaurant Prime Clearwater Florida LOW HOURS
Asking Price: | $295,000 |
Gross Revenue: | $450,000 |
FF&E: | $100,000 |
Cash Flow: | $200,000 |
Rent: | $5,800 |
Established Year: | 2006 |
***LOCATION-LOCATION-LOCATION***
LOOKING AT ALL REASONABLE OFFERS
ONLY OPEN 6 DAYS A WEEK FOR 4 HOURS PER DAY! YOU CAN OPEN UP MORE HOURS!!!
CLEARWATER FLORIDA !!! Authentic WELL KNOWN Italian Restaurant (DINNER ONLY) on the water, with a cozy setting, serving traditional family recipes, fresh homemade Italian Pasta, baked breads and AMAZING pizza cooked to perfection. A glass of wine or a beer with your dinner to top it off. Indoor seating of approximately 40 and outdoor seating of approximately 50, with a BEAUTIFUL WATER VIEW to watch the sunset or the dolphins play.
Perfect opportunity for an inspiring chef or a family to take over and continue its success. VERY PROFITABLE because the current owner is the chef. He will train the new owners for a smooth transition.
The VALUE in this business is the fact that it’s ESTABLISHED with WATER VIEW and it has a VERY LOW Rent of which includes water, sewer and garbage. YOU WILL NOT FIND AN ESTABLISHED ITALIAN RESTAURANT IN THIS AREA WITH LOW RENT AND BEAUTIFUL WATER VIEW. Only open 6 days a week and DID I MENTION... dinner hours only.
SELLER WILL SHOW LIMITED FINANCIALS IN PERSON TO A SERIOUS BUYER ONLY. Owner operates should make approx $200,000 per year.
PLEASE NOTE: INTERESTED PARTIES MUST SIGN A NON DISCLOSURE AND PROVIDE PROOF OF FUNDS.
A BUYER SHOULD UNDERSTAND THAT THIS IS A MOM AND POP OPERATION AND THE SELLER WILL ONLY SHOW HIS FINANCIALS TO A SERIOUS BUYER IN PERSON ONLY WITH AN ACCEPTED OFFER.
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