THRIVING Italian & Pizza Restaurant St. Petersburg Area
Asking Price: | $385,000 |
Gross Revenue: | $609,618 |
Rent: | $3,890/Month |
Established Year: | 2003 |
Cash Flow: | $171,286 |
Inventory: | $2,500 |
FF&E: | $75,000 |
SBA lender pre-approved with $50,000 down, remainder over 120 months at SBA rates PLEASE READ ENTIRE DESCRIPTION AND FOLLOW INSTRUCTIONS FOR NDA.
FINANCIALS ARE BASED ON THE 2 CURRENT OWNERS WORKING FULL TIME.
Indulge in an Italian culinary experience like no other! This THRIVING Italian & pizza restaurant nestled in a BUSTLING strip center offers the perfect blend of tradition and innovation. Boasting ample parking and a low monthly rent of just $3,890 for approximately 2000 square feet. This GEM features seating for approximately 72 guests.
The menu showcases an irresistible array of Italian delights, from mouthwatering pasta dishes to authentic New York style pizza, complemented by a selection of beer, wine, and more. Since its acquisition in 2022, the current owners have METICULOUSLY RENOVATED the space, resulting in a STUNNING, impeccably clean ambiance that has quickly become a LOCAL LANDMARK.
With RAVE REVIEWS flooding in from both locals and tourists alike, their online presence speaks volumes about their commitment to excellence. While currently owner-operated with a dedicated staff, the potential for growth is immense. By introducing in-house delivery services to complement the existing partnership with third-party platforms, revenue streams can be further diversified.
PROVEN track record, supported by verifiable numbers through their POS system, reflects a revenue split of approximately 60% dine-in and 40% delivery. Pasta and entrees lead the charge, accounting for 70% of sales, with pizza sales rounding out the remaining 30%.
Whether you're a seasoned restaurateur or a passionate entrepreneur, this TURN-KEY opportunity promises HIGH PROFITABILITY and endless potential. Don't miss your chance to own a slice of culinary success!
*** INTERESTED PARTIES PLEASE SUBMIT YOUR INFORMATION THRU THE CONTACT FORM SECTION TO THE RIGHT TO RECEIVE THE NON-DISCLOSURE***. MUST SHOW PROOF OF FUNDS PRIOR TO RELEASING INFO
IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". We will not release any information unless there is a non-disclosure signed and proof of funds.
Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.
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