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Turnkey Italian Restaurant in One of NE FL Fastest-Growing Market

Listing Number: 7101-322811
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Listing Details

Turnkey Italian Restaurant in One of NE FL Fastest-Growing Market
Price: $888,000
Location: St. Johns County, Florida
  • Down Payment: $92,000
  • Sales: $2,108,591
  • Seller's Discretionary Earnings: $428,696
  • Inventory: $70,000
  • Furniture, Fixtures, and Equipment: $0
  • Rent: $1,800
  • Employees:
  • Year Established: 40
  • Reason for Selling: Retirement

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Business Description

Award-Winning, Decades-Established Italian Restaurant – NE Florida

This is a rare chance to own a beloved, Italian restaurant in one of Northeast Florida’s fastest-growing suburban markets. For decades, guests have come back for its scratch-made Italian cuisine and warm, family-style hospitality. The restaurant has earned multiple local awards. Kitchen is fully staffed for continued success. Adjustments made in the financial to account for one full time owner/operator. 

Highlights

  • Long operating history with a loyal base of repeat customers
  • Revenue from dine-in, takeout and online ordering, and private events
  • Wine, beer and liquor service
  • Affluent, high-growth location
  • Turnkey operation with experienced, long tenured staff and transition support from the seller

All inquiries are confidential. Buyers must sign an NDA and provide buyer profile or personal financial statement. Lender pre-qualified.