Italian Restaurant & Pizzaria

St Pete Beach, FL (Pinellas County)

Italian Restaurant & Pizzaria
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Asking Price: $499,000

Cash Flow: $200,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $60,000

Inventory: $4,000

Rent: $4,791.18 /Month

Established: 2008

Italian Restaurant & Pizzaria

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Business Description

Very Profitable Italian Restaurant for sale.

Twelve (12) year established Authentic Italian casual dinning with high volume delivery and take-out, located on St Pete Beach. 36 seats indoors plus 46 seats outdoor seating.
Very popular with tourists and a strong local following. Currently developing catering menu due to high demand of catering service which has great potential.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
2/28/2026
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Eight (8) years lease term with current Gross Rent of $4,700 per month. All equipment and chattels are included in the sale.
Competition:
Located in an extremely busy area surrounded by residential and hotel properties.
Support & Training:
Two weeks training from the owners.
Reason for Selling:
Owners want to retire.
Franchise:
This business is an established franchise
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Business Listed By:
Marco Angelo

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