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Well established Italian Bistro and Wine Bar

Crystal River, FL (Citrus County)

Well established Italian Bistro and Wine Bar
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Asking Price: $59,000

Cash Flow: $100,000

Gross Revenue: $265,000

EBITDA: N/A

FF&E: N/A

Inventory: $2,500*

Rent: $1,150 /Month

Established: 1989

*not included in asking price.

Well established Italian Bistro and Wine Bar

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Business Description

Calling all Chef's & Wine Enthusiasts. Have you ever dreamed of owning your own restaurant, bistro or wine bar? Here is the opportunity you have been looking for. Well Established Turnkey family Owned Italian Restaurant. Located on a major highway in very busy plaza. Area is rapidly growing & in need of more Restaurants offering Fine Dining or Bistro Atmosphere. Restaurant has been at this same location for 22 years. Owners willing to share family recipes and their well established clientele. Currently opened only Wed - Sat 4-9pm by reservation only. Take this well known restaurant to the next level simply adding more evenings and lunch hours.This year the restaurant has had a 20% increase so far. The county is experiencing the continued growth in the commercial corridor. Do not miss this opportunity! Call Now!

Detailed Information

Location:
Crystal River, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
N/A
Employees:
3
Competition:
This fabulous and long standing restaurant is located in a very busy strip mall on the exploding corridor of HWY 19. Lots of new construction in the area and more growth is projected in the coming years. The start up cost of equipment and marketing for a new business alone would cost well over asking price.
Growth & Expansion:
The are is in desperate need of more lively and different places to dine. Take this establishment to the next level turn it into a more modern gastro pub and watch this business explode.
Support & Training:
Owners will be more than happy to stay up to 30 days for training
Reason for Selling:
Owners are ready to retire.
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(from currently available funds)
 
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Rosie Ruiz

Business Listed By:
Rosie Ruiz

Only Way Realty

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