Italian Restaurant for Sale Profitable! Owner Motivated to Sell!

Mary Esther, FL
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Asking Price:$159,999
Gross Revenue:$709,633
Cash Flow:$57,954
Rent:$4,200/Month
BUSINESS DESCRIPTION

Turn-Key Franchised Italian Restaurant for Sale Along the Emerald Coast- Sales for 2023 $709,633. Sellers Discrenary Earnings for 2023 $51,000. Outstanding Franchised Italian Restaurant for Sale in beautiful, Panhandle of Florida. This restaurant has all the benefits of serving Italian speciaties and delicious pizza, plus it has the recognition of a strong Franchise brand. This is a Great opportunity for anyone who has experience in the industry or a first time restaurant owner! You are the missing piece to this Franchised Italian Restaurant for Sale's success and growth! You can be instrumental in seeing this opportunity grow and flourish under your ownership and leadership. Bring in new customers through your restaurant experience, leadership skillset & work ethic, and watch your sales grow! The menu offerings include all tradional Italian offers, pizza, salads and desserts. Currently owner operated and fully staffed, the staff is eager to stay in place following the purchase and the Franchisor will provide a Comprehensive Training program for the buyer. Traditional SBA lending is available on this Franchised Italian Restaurant for Sale, We Sell Restaurants does have lending partners that could offer financing on this opportunity for buyers with strong credit. Seller financing will be considered with good credit and a clean background check. Sales for the year came in at $709,633, but with the right Leadership and a hands-on owner/operator this Franchised Italian Restaurant for Sale could reach its full potential. Favorable lease rate is already in place just $4,500 per month for this 2,271 square foot space. The current lease at this Italian Restaurant for Sale is valid through May 2031 and there is two 5 year option remaining. Did I mention that the seller is also the land lord and he is very motivated to transfer this location to a new owner.
Royalties are 4% and marketing are 1% of Sales.! When you purchase this Franchised Italian Restaurant for Sale, you are in charge of your own destiny! Being this is a Franchise all the purchasing, procedures, training manuals, point of sales, and branding are in place. This allows you to focus all your time and energy on Leadrship, Training, Procedures, Service, Product Quality. Focus on these specific areas will grow your sales and profits. If you are a natural-born entrepreneur, with the drive to succeed and you have spent years working for someone else, then now is the time you took charge of your own destiny! We bet there is something inside of you wanting this opportunity, so don't let anything stop or hold you back! This Franchised Italian Restaurant for Sale is your chance to finally realize your dream of restaurant ownership. Priced to sell at just $159,999 this Franchised Italian Restaurant for Sale in the heart of the Emerald Coast won't last long! Don't miss out on your chance to start your own restaurant. The Restaurant Brokers are happy to help you navigate this process and show you how easy it is to become your own boss!
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DETAILED INFORMATION
Location
Mary Esther, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,271
Lease Expiration
31/05/2026
Employees
5
Facilities
Available upon request. All Equipment new as of May 2021.
Competition
Emerald Coast of Florida is expanding. Growth of households is strong. Great visibility. Includes a drive-thru
Growth & Expansion
Growth/Expansion is totally up to the Franchisee and Franchisor.
Support & Training
Corporate will provide the training new owner needs. If necessary I will give 1 week owner training.
Reason for Selling
Other
Franchise
This business is an established franchise
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Jim
Broscious
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Jim Broscious