Italian Restaurant - Full Liquor - No Competition

Fort Myers, FL (Lee County)

Italian Restaurant - Full Liquor - No Competition
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Asking Price: $200,000

Cash Flow: $81,223

Gross Revenue: $473,785

EBITDA: N/A

FF&E: $40,000

Inventory: $5,000

Rent: $6,400 /Month

Established: 2011

Italian Restaurant - Full Liquor - No Competition

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Business Description

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.

Detailed Information

Location:
Fort Myers, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,798
Lease Expiration:
N/A
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full liquor bar in an anchored plaza.
Competition:
No similar restaurants in the immediate area. Capture the lunch and happy hour crowd as it is a dinner only restaurant
Support & Training:
2 weeks
Reason for Selling:
Retirement
Business Website:
http://infinitybusinessbrokers.com/business-search/
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Michael Monnot

Business Listed By:
Michael Monnot

Infinity Business Brokers

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