Italian Restaurant for Sale 50% Owner FINANCING For Qualified Buyer

Bradenton, FL

Seller Financing Available

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Asking Price:$749,999
Gross Revenue:$1,426,230
Established Year:2015
Cash Flow:$128,527
Rent:$8,843/Month
BUSINESS DESCRIPTION

This Italian Restaurant for Sale in Bradenton is ready for a new owner, and that new owner looks a lot like YOU! You read the title right. Owner is willing to finance 50% for a qualified buyer. THIS is an opportunity that does not come along often. FIRST quarter net sales for 2024 are $395,992.12!!!We are thrilled to present a turnkey Italian Restaurant for Sale in business for over 8 years that boasts franchise-like aesthetics. This restaurant has gained a loyal following and is ready for a new owner to take it to new heights. Starting 2024 strong, this restaurant has profited the owner over $70,000.00 in just the first quarter.This Italian Restaurant for Sale presented by We Sell Restaurants has been meticulously designed to emulate the look and feel of a successful franchise. From the eye-catching branding and interior and exterior decor to the streamlined operational systems, it captures the essence of a well-established brand with a total of 150 seats.Guests can dine outdoors on the large covered patio providing a unique and pleasant atmosphere for all customers. They can enjoy fresh air, newly installed lighting, and roll down screens creating a more enjoyable and relaxing experience that sets this restaurant apart from any other in the plaza. The patio on the Italian Restaurant for Sale seats 48 guests providing additional seating and opportunities for events. Enjoy the freedom of limited operating hours, allowing you to strike the perfect work-life balance. Cater to a specific target market while maximizing efficiency and profitability during peak hours. Seize this opportunity to acquire a profitable business with a solid customer base and significant growth potential. Searching for a business that you don't have to shell out all your capital at once? This one is it! There are 9 years left on the current lease and owner financing makes this the BEST deal on the market! When you buy this Italian Restaurant for Sale you will be the new owner of a fully established and operational business. The staff are seasoned and trained, and management is already in place! The current owner is selling due to Retirement, after owning the location since 2015. He will stay on board after closing; however, to provide you with fourteen days of training at no additional cost.
FINANCIALS below are for the first quarter of 2024 ONLY!By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.


DETAILED INFORMATION
Location
Bradenton, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
01/09/2033
Employees
16
Facilities
Hood Grease Trap Two Fryers Two 6 Burner Stove With Ovens 4 Burner Cook Top Char-Broiler Grill Bakers Pride Double Oven Five Soup Warmers Three 2 Door Refrigerated Prep Tables Three Stainless Steel Under Counter Refrigerators Double Burner For Extra Large Pots 4 Door Under Working Area Refrigerator Three POS Toast Stations One Toast POS For Expeditor Salamander Heat Lamps Dishwashing System 2 Door Refrigerated Pizza Prep Table Meat Slicer Food Processor Blender Walk In Refrigerator Freezer Combo Water Softening System Brand New Updated Toast POS System With All Features 2 Door Bread Warmer 8 Head Soda Machine With Ice Extra Large Ice Machine Full Bar With 6 Head Tap System Bar POS Toast Ring Out Station Soda Dispenser Behind Bar 15 Spot Speed Well Top Mount 2 Door Beer Cooler Dishwashing System Behind Bar 3 Door Glass Beer Cooler Single Door Glass Wine Cooler TV Commercial Toaster Oven Microwave Bunn Double Pot Coffee Maker 20 Qt Dough Mixer Misc Shelving Prep Tables Smallwares, Pots, Pans, Ladles, Etc Tables and Chairs Inside and Patio New Sound System New Hard Drive and Computer System Bar Stools Security System With Cameras Safe Store D?cor And Artwork Utility Carts Trash Receptacles
Competition
End Unit Outside Patio With Heating and Cooling Options (new lighting) Been In Business Over 8 Years
Growth & Expansion
Can Expand And Serve Lunch To Increase Sales Was Built To Scale Has Franchise Feel Closed On Monday Could Open Currently Not Catering
Support & Training
Seller will provide fourteen days of training at no additional cost
Reason for Selling
Retirement
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Michael
Spizzirri
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Michael Spizzirri