Established Italian Restaurant Prime Clearwater Florida LOW HOURS

Clearwater, FL
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Asking Price:$295,000
Gross Revenue:$450,000
FF&E:$100,000
Cash Flow:$200,000
Rent:$5,800
Established Year:2006
BUSINESS DESCRIPTION

***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.


DETAILED INFORMATION
Location
Clearwater, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
31/12/2027
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
2 weeks at no cost to buyer
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George
Antonaklas
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George Antonaklas