Italian Restaurant For Sale! Over $200,000 owners income in 2023

Stuart, FL
listing image
Asking Price:$650,000
Gross Revenue:$899,114
Established Year:1999
Cash Flow:$204,629
Rent:$7,600/Month
BUSINESS DESCRIPTION

Italian Restaurant For Sale! $900,000 in sales in 2023


This well-established, family-run Italian restaurant for sale has been a staple in the community for over 25 years. Known for its authentic Italian cuisine, including pizzas, this restaurant offers a cozy, welcoming atmosphere that attracts loyal customers year after year. The business has consistently generated impressive sales, reaching $900,000 last year, with an owner benefit exceeding $200,000. This turnkey operation is perfect for both experienced restaurateurs and newcomers to the industry who are looking for a profitable and well-established business.
The restaurant's long-standing presence in the community has helped it build a solid reputation, creating a loyal and growing customer base. The location offers excellent visibility and high traffic, making it easy for new customers to discover the business. There is ample parking available for guests, ensuring a convenient dining experience. The lease terms are flexible, with options to extend, providing long-term stability and security. Additionally, this Italian Restaurant for Sale holds a beer and wine license, offering another revenue stream. Financing options, including SBA lending, are available for qualified buyers, and the business also presents an ideal opportunity for international buyers with an E2 Visa.
This Italian Restaurant for Sale by We Sell Restaurants is a turnkey operation with a fully trained staff and established systems in place, ensuring a smooth transition for the new owner. While the business is already profitable, there is significant opportunity for growth. With the current popularity of pizza and Italian dishes, expanding the menu with specialty pizzas or additional Italian options could attract an even wider audience. Extending operating hours, particularly during evenings, weekends, and holidays, could drive even more sales and cater to an even larger customer base. The growing demand for food delivery also presents an opportunity to increase revenue through third-party delivery services like UberEats, DoorDash, or GrubHub.
This is a rare opportunity to acquire a well-established, profitable Italian restaurant with ample room for growth. Don't miss your chance to own a beloved local business with significant upside potential. For more information or to schedule a confidential showing, please contact us today!
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DETAILED INFORMATION
Location
Stuart, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,600
Lease Expiration
30/11/2025
Employees
12
Facilities
2 door true freezer Ice machine and bin floor freezer 3 microwaves 6 head coke dispenser multiple storage racks smallwares 2 head Keg cooler 3 door True fridge Tea Machine APW's 3 comp sink Auto dish washer slicer 2 Bakers Pride pizza ovens Stand up Mixer 139 seats with tables and booths Vulcan 6 burner stove oven combo Additional 6 burner stove Vulcan fryer cash register 2- 12 foot hoods 3 door cooler table 2 door True cooler 1 Door freezer Additional 3 door fridge Prep tables True 1 door freezer
Competition
Great visibility, long history of success
Growth & Expansion
Opportunity to expand hours and delivery services
Support & Training
2-4 weeks
Reason for Selling
Retirement
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Ted
Tallman
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Ted Tallman