Perfetto Italiana - Turn-Key Restaurant Business For Sale

Clearwater, FL
Italian Restaurant - Downtown Clearwater
Asking Price:$399,000
Rent:$4,500
Established Year:2019
Inventory:$58,000
FF&E:$50,000
BUSINESS DESCRIPTION

No competition in its genera and concept

Our Offering is for an elegant, beautifully designed but casual, wine & beer bistro in the well-known Downtown District of Clearwater, Florida. Let it be known this is a business asset for sale, no real estate is involved except for an exceptional lease.

The layout starts with an extra large sidewalk cafe. The front door opens up an extremely attractive dining room and bar with charming finishes and decor design. The back of the house is an immaculate full-on kitchen. Even the restrooms are well-decorated.

As an excellent bonus, there is upstairs space that doubles as an office and believe it or not a living unit. Thus, this is now a live & work opportunity.

Please note, that this is a total turn-key situation, meaning a fully operating restaurant and wine & beer bar. The sale includes all intellectual materials, furniture & equipment, POS, electronics, and more.

A complete list of all the assets will be supplied.

We must inform you of a huge upside that should be disclosed. The state of Florida has modified the Liquor Laws making it easier to obtain a Florida full-liquor restaurant license.

This business currently does not have a full liquor license but it does have a Florida Beer & Wine License. It appears that this site qualifies for this Liquor license. It is like getting a valuable liquor license for Free.

If you had to buy a regular 4COP liquor license in this county it would be over $675,000.00.

Please beware that when a restaurant has a liquor license in place, the operator can expect at least a 35% increase in Gross Revenue.

As it was mentioned before, the operation has a generous outside sidewalk cafe, this is enhanced even more by the fact that the City of Clearwater has closed off their #1 main street to vehicle traffic. Resulting in a popular and engaging pedestrian walkway.

Thus, the the operation has the immediate sidewalk cafe right in front of their operation plus the public courtyard.

Another huge plus is this pedestrian walkway/courtyard leads directly to and from the new Coachmen Park.


DETAILED INFORMATION
Location
Clearwater, FL
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,100
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E and Build out are well maintained and in good condition.
Competition
The market is extremely prime being as its downtown Clearwater, and only a few blocks from the brand new Coachman Park. There is no competition for this particular genera and concept.
Growth & Expansion
Days and Hours of Operation. Can be expanded. Currently there is no Liquor license in use of the site, but appears to be eligible for a restaurant Liquor license. Normally a liquor license will increase sales by 32%.
Support & Training
Seller agrees to work in the business at no compensation for a period of 14 days in order to familiarize the Buyer with the business.
Reason for Selling
Retiring
Report an Issue with this listing
Jon La Budde
logo-img
Jon La Budde