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Italian Restaurant - Full Liquor - No Competition
Location: United States -> Florida -> Fort Myers
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Italian restaurant with full liquor and bar. In a popular/visible and anchored plaza, it literally does not have any competition nearby. Tons of growth opportunities include expanding hours to lunch, condensing menu, new creative dishes...current owner wasn't a chef prior to purchasing, but Sous chef can and does takeover owners duties. Big kitchen, walk in cooler and freezer. Like most small businesses, there is a lack of any marketing and branding with a minimal online presence. Take this great base and take it to the next level. 1st quarter up 18% over last year and 33% the year before. 19 numbers 1st quarter only. New lease terms to be negotiated at time of contract.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $473,785
Cash Flow:   $81,223
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $45,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2011
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Retirement




Print Listing Id: 700338813
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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