Popular Italian Restaurant - Over 30 Years in Business!
Asking Price: | $290,000 |
Gross Revenue: | $604,603 |
Rent: | $7,000/Month |
Established Year: | 1994 |
Cash Flow: | $195,706 |
Inventory: | $1,500 |
FF&E: | $70,000 |
Beer and Wine License in Place + Seating for 70 People.
An amazing opportunity to acquire a well-established authentic Italian restaurant that has been in business for over 30 years.
Located in a prime position on one of the busiest roads in the heart of the tourist area in Central Florida, with over 55,500 passing vehicles per day, the restaurant has an excellent reputation and a loyal customer base from the surrounding area, as well as a constant source of new customers from the regular influx of tourists that the region attracts all year round.
There is a beer and wine license in place and seating for 70 people. There are 5 full-time members of staff, and the restaurant is fully equipped and turn-key ready for a new buyer to take over.
The owner is looking to retire but will provide two weeks of training to the buyer to make sure they fully understand how the restaurant operates and can continue with the success that they have had over the past 3 decades. There is currently a lease in place until January 2026, and the landlord is willing to discuss an extension for a new buyer.
With an established track record and experienced staff in place, this business should easily qualify for an E2 visa.
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