Long Standing Italian Restaurant

Martin County, FL

Seller Financing Available

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Asking Price:$850,000
Gross Revenue:$1,800,000
Rent:$8,200/Month
FF&E:$150,000
Cash Flow:$350,000
Inventory:$15,000
EBITDA:$350,000
Established Year:2009
BUSINESS DESCRIPTION

Long Standing Italian Restaurant

This popular Italian restaurant and Pizzeria.

Loyal Clientele have been coming to this place for years.

Open only for dinner, supports absentee family. Run the operation or put our own management in.

New owner can easily grow the business.


DETAILED INFORMATION
Location
Martin County, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,200
Lease Expiration
30/06/2027
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Located in a highly trafficked strip center, plenty of parking.
Competition
One of the few traditional Italian restaurants around with a full bar.
Growth & Expansion
Add lunch, delivery and expand menu and late night.
Financing
Seller will provide up to 30% financing for the right buyer.
Support & Training
Negotiable, existing management will stay.
Reason for Selling
Owner looking to move on
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Steven
Friedman
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Steven Friedman