Acquire a refined, manager-run Italian restaurant in a prime coastal Pinellas dining corridor. The owner is absentee; systems, staff, and leadership are in place for a clean handoff. Strong wine program, loyal reservation-driven clientele, and disciplined operations make this a turn-key cash-flow play for an operator semi-absentee buyer.
Highlights
Absentee-run with GM/leadership in place (owner does not work on site)
~$1.0M run-rate revenue with ~$340K discretionary cash flow
Tight cost profile: ~20% COGS • ~26% payroll • ~5% rent-to-sales
Attractive lease structure (assignable) in a high-demand dining corridor
Clean books (POS/bank/payroll/sales tax)
Wine-forward program, premium check averages, strong repeat business
Seller to provide structured recipes/SOPs transition and staff continuity plan
Process: NDA and proof of funds required to receive the CIM, financial package, and lease summary.
Ad#:2442499