Exceptional Absentee Owner Opportunity: Booming Restaurant & Bar
| Asking Price: | $600,000 |
| Gross Revenue: | $624,000 |
| Rent: | $10,200/Month |
| Established Year: | 2024 |
| Cash Flow: | $300,000 |
| Inventory: | $1,000 |
| FF&E: | $80,000 |
Exceptional Absentee Owner Opportunity: Booming Italian Restaurant & Bar in Prime Tourist Location
Discover a fantastic opportunity to own a thriving Italian restaurant and bar located in the heart of downtown, a go-to spot for locals and tourists alike. This establishment boasts rapidly growing sales and operates six days a week, exclusively for dinner, showcasing the incredible demand for its offerings.Currently holding a beer and wine license, the bar license has been approved and is pending the final city inspection, paving the way for expanded revenue opportunities. With the potential to introduce hard liquor and cocktails, as well as extend operating hours and broaden the menu, the possibilities for growth are immense.The menu features simple yet delicious dishes that appeal to a wide variety of tastes, making it easy to manage and perfect for busy evenings. The restaurant is situated in a heavy tourist area, ensuring a steady flow of customers year-round.Additionally, this is an absentee owner opportunity, allowing for flexibility and the ability to maintain other commitments while benefiting from a well-established business. The restaurant features a stunning, custom-built interior that is brand new, providing a fresh and inviting atmosphere for guests. Notably, the food cost is exceptionally low at just 12%, ensuring healthy profit margins. Whether you're an experienced restaurateur or looking to enter the culinary scene, this Italian restaurant and bar offers an unparalleled chance to capitalize on its momentum and further enhance its success.
Founded from the ground up, this Italian restaurant and bar opened its doors in April 2024, quickly establishing itself as a beloved destination in the heart of downtown. The vision was to create a unique dining experience that blends authentic Italian cuisine with a vibrant bar atmosphere. The establishment features two distinct venues: a fully equipped kitchen designed for efficiency and a stylish bar that serves as a social hub for patrons. With ample outdoor seating, guests can enjoy their meals in a welcoming atmosphere, perfect for soaking up the bustling energy of the neighborhood.
Don't miss out on this rare opportunity!
