Profitable Italian Restaurant For Sale Over $230,000 Total Earnings!

Leesburg, FL
listing image
Asking Price:$495,000
Gross Revenue:$925,454
Established Year:2019
Cash Flow:$236,601
Rent:$4,140/Month
BUSINESS DESCRIPTION

BLACK FRIDAY DEAL-SELLER WILL PAY ALL CLOSING COSTS IF UNDER CONTRACT BY DECEMBER 31, 2024!!
Are you an aspiring restaurateur looking for a turn-key opportunity and want to be profitable on Day 1? Look no further! This established and profitable Italian Restaurant for Sale , a beloved local favorite in Leesburg, FL, is now available! With a loyal, family-friendly customer base, it's excellent reputation, and a consistently increasing financial performance, this restaurant is primed for continued success!
This established restaurant boasts impressive annual sales in 2023 of over $875,000 and is on track to out-perform in 2024 with projected annual sales of over $1Million dollars. If that wasn't impressive enough, this Italian Restaurant For Sale also provides an extremely favorable owner earnings of $160,000. Spanning 2,180 square feet, the restaurant comfortably seats up to 79 diners indoors. The rent is extremely favorable at just $4,140 per month, which includes CAM fees, making this an affordable and attractive business opportunity.
Fully equipped with two 9-foot hood systems, an existing pizza oven, a 6-burner grill, fryer, and standard commercial refrigeration and freezers, this Italian Restaurant For Sale presented by We Sell Restaurants is ready for a seamless transition to new ownership. With an existing beer/wine license in place, the entire setup is in excellent condition, ensuring that the new owner/operator can start earning from day one with this incredible opportunity.
This prime location benefits from direct access to major roadways and high foot traffic from an established plaza. Leesburg itself is experiencing significant growth and development, contributing to the long-term success of this business. The city is set for new residential developments, including both multi-family and retirement communities, which will add several thousand new homes to the area. This influx of residents promises a steady increase in customer base and revenue potential.
This profitable Italian Restaurant For Sale for sale offers a rare chance to step into a thriving, turn-key operation in a growing community. The favorable rent terms, combined with the restaurant's financial success and outstanding reputation, present an incredible opportunity for the right buyer. Don't miss out on the chance to be the proud new owner of this successful staple in the heart of Leesburg, FL. Contact us today to learn more information and schedule a viewing!
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DETAILED INFORMATION
Location
Leesburg, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,180
Lease Expiration
01/03/2027
Employees
10
Facilities
Hobart HL600 Univex Dough Roller Patriot Fryer (1) Qualite Fryer (1) Imperial 6 Burner Grill Aventco Food Warmer/Steam Tables (2) Lincoln Impinger 1400 Conveyor Oven Double Stack Berg Pizza Prep Table Advantco Salad/Food Prep Table Motak 2 Section Prep TableT True Pepsi Cooler True 3 Door Cooler True 3 Door Freezer True 1 Door Cooler Koolaire Ice Machine Sun Ice 2 Door Cooler Pizza Delivery bags (8) 3 Hand Sinks 3 Compartment Sink (1) Deep Freezer (1) Edge Star Drink Cooler Meat Slicer Pizza Cutting Table Storage table Flour Rack 17 Tables & Booths w/ Chairs 4 ? High Top Bar Chairs & 1 Table (waiting area) Sugar container/ salt container Dishes/ Silverware/Cups Soda Machines (2) ? Serviced through Coca Cola POS System 3 are owned. 3 Credit Card Machines leased through Cost Plus Processing. ? monthly fees have to be paid Dine In Menus (40) To Go Menus ordered as needed Dishes, plates, bowls, cups, silverware, salt/pepper, condiment containers, napkins dispensers, coffee maker, tea maker, Storage racks for food & dishes Soup cauldron
Competition
Direct Access to busy Major Roadway Established reputation with Strong Customer Base High foot traffic from established plaza
Growth & Expansion
1,000+ new homes developments nearby Increase revenue with expanded marketing efforts Ability to expand Menu offerings
Support & Training
2 Weeks or As Needed
Reason for Selling
New Career
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Mel
Ferioli
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Mel Ferioli