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Listing ID: 3167975

Italian Restaurant - Great Location For Sale

Lee, Florida, United States

$ 690,000

Revenue: $ 2,235,889

Cash Flow: $ 243,753

Business Description

Long-standing Italian restaurant with established clientele on a major highway near very affluent community associations and family activities, e.g., beach, golf, shopping malls and movie theaters. 4170 SF with indoor/outdoor seating for 160+. Full bar and Italian menu with appetizers, soups, salads, pastas, flatbreads and other Italian specialties. Opportunities includes adding social media advertising. Under-market lease has 14 years of options left.

Brokers: 50/50 co-broke with BBF and AFLBB members as well as IBBA CBIs. All others shall be on a referral basis only.

Property Details

Size:

4170 SF with indoor/outdoor seating for 160+.

Years Established:

1999

Property Type:

Lease

FF&E:

$ 90,000

Inventory Value:

$ 20,000

Other Details

Business Location:

In shopping center on major highway near very affluent community associations.

Expansion Potential:

Opportunities includes adding social media advertising.

Operation Details

Employees:

36

Support & Training:

One week of transition assistance free of charge

Miscellaneous

Financing Available:

Yes

Reason For Selling:

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