Italian Restaurant & Pizzeria DRASTIC $$$ REDUCTION!!
For Sale in Sarasota, FL
Financial & Assets Details
About the Business
Business Description
Great Opportunity for experienced Restaurateurs, Corporate Investors, or Restaurant Chain operators looking to add to their portfolio. Gross sales for 2016 in $2.5+ million range. Well-known and respected Classic Italian Restaurant & Pizzeria. RARE OPPORTUNITY... Located in high traffic shopping district convenient to UTC Mall in Sarasota FL. Restaurant has been in Business for 5 years with below market rent. Almost 10 years left on the Lease with extremely favorable terms.
NEW FULL LIQUOR BAR installed with serve over counter to OUTSIDE PATIO.This Restaurant is a RARE JEWEL!!!
Growth & Expansion
Catering and outbound business can be expanded.Seller has just received a FULL LIQUOR 4 COP SRX License and has built a phenomenal NEW BAR with serve over capability to EXTERIOR PATIO.Now with Full Liquor,Sales are projected to increase overall Restaurant Sales by $8000 to $10,000 per week with total gross Sales topping $3 million.
Market Competition:
There is no similar competition in the area. Continuous marketing and networking.
Location Details:
Over $900,000 invested in build out and equipment. 5400 sq ft space with phenomenal exterior patio!! High ceiling, separate party & banquet area. Wine & beer license. Unlimited parking available.
Support & Training
2 to 4 Weeks training will be provided by the Seller
Reason for Selling:
Health issues along with owning multiple locations.
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