Italian Restaurant for Sale in Booming Neighborhood

Saint Augustine, FL
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Asking Price:$399,999
Gross Revenue:$966,294
Established Year:2009
Cash Flow:$129,260
Rent:$11,300/Month
BUSINESS DESCRIPTION

This St. Augustine Italian Restaurant for Sale with sales over $900,000 are proof that this concept is working! Incredible price on this fully equipped turn-key operation with in owner benefit over six figures. Priced at only $399,999 this deal will go quick! Lending Available to Qualified Buyers!Unlimited potential in this popular Italian Restaurant for Sale in the ever growing area of St. Augustine. The owner had a vision, with a money, time, and patience they turned their vision into a profitable reality. A 5 start google review is just part of the reason for the success. The Restaurant Brokers are presenting you this opportunity of a Italian Restaurant for Sale concept that customer's just can't get enough of. Don't start from scratch waiting on build-outs, permits, and equipment to arrive when you can get a turn-key operation all in the purchase of this Italian restaurant for sale. Reasonable rent makes this perfectly portioned 3,650 square foot space a gem. One look at the setup and you will see why this Italian Restaurant for Sale is so successful. Inside holds seating for 150 and it is easy to handle all those customers with the trained staff already in place. When purchasing this Italian Restaurant for Sale you are receiving a completely furnished and fully equipped space. From ovens to tables and everything else needed to continue this great concept. You are getting an entire fully functioning equipment package, and fully operational business all included in the sale price of 399999. No royalties here! When you purchase this Italian Restaurant for Sale you know you don't have to pay any royalties to anyone but yourself! This is a great opportunity to walk into an already established proven concept and finally become your own boss. Keep the menu and concept just as it is, or add your own special dishes and flair. This Italian Restaurant for Sale comes complete with all the recipes included, and training by the current owner to ensure a smooth transition for you, the staff, and the customers.
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DETAILED INFORMATION
Location
Saint Augustine, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,650
Lease Expiration
31/12/2028
Employees
19
Facilities
Bakers pride Y602 double decker pizza oven 6' pizza prep table 6' four drawer chef base two 6 burner cook top past cooker 6 burner range with oven 2' flat top grille 2 thirty five pound Deep fryer 4' double door freezer prep table 5' refrigerated prep table 3 well electric steam table two 4' refrigerated prep table 2' single door freezer 12' stainless steel dish table 6' refrigerated prep table wittco bread warmer 6' stainless steal prep table 7' pizza over hood 17' hood 3x2 chest freezer meat slicer Coffee and espresso maker POs equipment. M'aitre'd 5 terminals 80lb dough mixer 3 standing single door drink cooler 500lb ice maker Walk in cooler and freezer 5' beer cooler double door standing drink cooler six tap kegerator three tap kegerator 2 soup warmers smallware, pots and pans electric powered floor scrubber 11 square tops 10 rectangle tops 5 round tops 68 stools 55 chairs 4 single booths 4 double booths 5' glass door beer cooler
Competition
The location of this restaurant is bustling with people. Shopping, businesses, and school all around the store. Enjoy continued growth in this county do to top school systems in the state, and easy access to the beach.
Growth & Expansion
With 15 years of 5 star reviews, the opportunities for this concept are unlimited.
Support & Training
2 weeks / as needed
Reason for Selling
Retirement
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Austin
Luke
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Austin Luke