Iconic Italian Restaurant for Sale

Broward County, FL
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Asking Price:$800,000
Gross Revenue:$2,327,246
FF&E:$241,907
Cash Flow:$317,000
Inventory:$7,500
Established Year:1992
BUSINESS DESCRIPTION

Iconic Italian Restaurant in a Thriving, Upscale Neighborhood

Iconic Italian Restaurant for Sale
For over three decades, this beloved establishment has served authentic Italian cuisine and created unforgettable dining experiences. After 32 years of success, the owners are ready to pass the torch to a new visionary. Why This Restaurant is a Gem:
Unparalleled Reputation: A true icon in the neighborhood, known for its exceptional food and warm atmosphere
Loyal Customer Base: Generations of families have made this their go-to spot for Italian dining. For over thirty years, this beloved establishment has been serving authentic Italian cuisine and creating unforgettable dining experiences.
Prime Location: Located in a high-traffic shopping center in Broward County, ensuring consistent foot traffic and excellent visibility.
Proven Success: Over 32 years of consistent growth and profitability
Authentic Recipes: A treasure trove of time-honored family recipes that have delighted patrons for years

What You're Getting:

Fully equipped kitchen with state-of-the-art appliances
Charming dining area with classic Italian decor
Established relationships with quality suppliers
Trained and dedicated staff
Comprehensive training and transition support from current owners
This is more than just a restaurant; it's a piece of culinary history. The current owners have poured their hearts into creating a warm, inviting space where guests feel like family. From homemade pasta to wood-fired pizzas, every dish tells a story of tradition and passion.

Take advantage of this chance to own a piece of Broward County's rich culinary tapestry. This restaurant isn't just a business; it's a legacy waiting for its next chapter. Contact us today to schedule a viewing and take the first step towards owning your dream Italian restaurant. Buon appetito and buona fortuna!


DETAILED INFORMATION
Location
Broward County, FL
Inventory
Included in asking price
Employees
24
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business occupies a 3,500 sq. ft. space in a prime, high-traffic shopping center. The interior features beautiful Italian-inspired decor, creating an inviting and authentic atmosphere. The kitchen features state-of-the-art equipment and a specialized setup for perfect pizza preparation, including authentic coal ovens.
Competition
The restaurant industry in Florida, including South Florida, is expected to see continued growth in 2024 and 2025. The National Restaurant Association forecasts that restaurant industry sales will top $1 trillion for the first time in history in 2024. This growth trend is likely to continue into 2025, with the food service industry projected to see real growth of 1.0% on top of inflationary price increases.
Growth & Expansion
consumer demand for dining out remains strong: 9 in 10 adults say they enjoy going to restaurants. Consumers continue to crave human hospitality in their culinary experiences, preferring it over technology-driven solutions
Support & Training
4 weeks at no cost
Reason for Selling
Retirement
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Carlos
Mejia
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Carlos Mejia