Intimate Italian Restaurant

Sarasota County, FL

Seller Financing Available
Intimate Italian Restaurant
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Asking Price: $169,000

Cash Flow: $183,741

Gross Revenue: $572,517

EBITDA: N/A

FF&E: $20,000

Inventory: $700

Rent: $1,654 /Month

Established: 2010

Intimate Italian Restaurant

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Business Description

Reservation only, white table service Italian Restaurant located on main thoroughfare in Sarasota County with a well-known independent grocery store opening in the shopping center soon. Restaurant does not accept credit or debit cards and doesn't even have a beer or wine license. Steady customers come from over 50 miles away for this dining experience which also has a very limited menu. All meats and fish are purchased fresh daily. Customers love to watch the chef/owner prepare their meals in this open kitchen located in the dining area. Highly desirable and located near Siesta Key. Extremely low rent for this area. Restaurant is only open for dinner 4 hours per day. Please refer to listing #3353732036 and ask for Joseph Nicolini when inquiring. Thank You!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,020
Lease Expiration:
N/A
Employees:
1FT/3PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 1654 Square Footage: 1020 Building Type: Strip Center Terms & Options: 1-3 year option Expiration Date: 3/1/2023
Financing:
Loan/Seller: -Amt: $30,000 -Mos: 24 -Rate: 7.00 -Mo Pmt: $1343.18
Support & Training:
Two weeks of training at no cost
Reason for Selling:
Retirement
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(from currently available funds)
 
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Joseph Nicolini

Business Listed By:
Joseph Nicolini

Transworld Business Advisors of Tampa

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Sponsoring Broker:
Andrew Cagnetta

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