Italian Restaurant For Sale Fine Dining In North Pinellas

Asking Price$489,999

Cash Flow
$245,927
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$895,927

InventoryNot Disclosed

FF&ENot Disclosed

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Italian Restaurant For Sale Fine Dining In North Pinellas


Asking Price$489,999

Cash Flow
$245,927
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$895,927

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Culinary Elite: Upscale Restaurant for Sale with Exceptional Reviews
Established Fine Dining Restaurant with Loyal Clientele - North Pinellas Location. Italian Restaurant for Sale in Palm Harbor FL. This is your chance to own a highly regarded fine dining restaurant with years of proven success and an outstanding local following. Tucked into one of Palm Harbor's most desirable areas, this upscale restaurant offers a rare opportunity to take over a well-established concept with limited hours, consistent sales, and strong owner earnings of over $210,000 annually.
Known for its exceptional dining experience and warm atmosphere, this Italian Restaurant for Sale has become a go-to for both loyal regulars and new visitors alike. Its location is surrounded by residential neighborhoods and business communities, ensuring a steady flow of traffic and long-term growth potential.
The space features a fully equipped kitchen with well-maintained equipment and a bar, allowing for a seamless transition. With annual sales of over $840,000.00 and a favorable monthly lease of just $5,500, a new owner can step in and continue the success without the heavy investment required to build from the ground up.
A 4COP quota liquor license is available at an additional cost for those looking to capitalize on full liquor sales. Prefer to stay lean? This concept may also qualify for a 4COP license, offering flexibility based on your vision.
Financing is available for qualified buyers, and our team at We Sell Restaurants can guide you through the process, including lender referrals and SBA options. Whether you're an experienced operator or looking to step into ownership with a well-oiled operation, this turn-key business is ready to deliver.
Don't miss out on a rare opportunity to own a thriving restaurant with an outstanding reputation, great staff, and room to grow. Reach out today for more details.
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About the Business
Years in Operation
21
Employees
9
Facilities & Assets
1 10 Foot Hood
1 Undercounted Grease Trap
1 double basket 70 LBs Fryer
1 6 Burner Stove
1 2 Burner Stove
1 Flat Top Grill
2 3 Compartment Sinks
2 Hand Washing Sinks
1 Salamander
1 Blender / Food Processor
Various Smallwares Pots, Pans, Ladles, Cookware
1 Soup Warmer / Well
Several Misc Food Shelving
2 Prep tables
1 Weight Scale
1 Pasta Cooker
1 Large emersion Blender
Various Wine Display Racks
1 Deli Meat Slicer
1 Madeline Slicer
3 Large Standup Wine Chillers
1 Small Wine Cooler
2 3 Door Counter Height Refrigerator
2 Double door standup refrigerator
1 Salad Prep Cooler
1 Ice Machine
1 double 4 drawer Chef Base
1 2 Door Freezer standup
10 Bar Stools
20 Tables
10 Outside Tables
80 Chairs inside 20 Chairs Outside
4 Stack step up liquor display for bar
Flatware for 150
Serviceware for 150
1 Ice Well at bar
Sound System
various bar and glassware service for 100
1 POS Soft Touch System
1 Security system with cameras
1 Printer/ Copier machine
4 water fountains and various decor
1 Flat Screen TV
2 High Chairs 2 Booster Seats
1 Electrical Sign
Various Trash Recepticals
1 Utility Cart
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
Restaurant is located in a high density area near the Florida coast. Area has several restaurants but not many fine dining.
Opportunities for Growth
There are consistently new people moving into the area. Plenty of opportunity for growth to add more customers through additional advertising.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,300
Rent
$5,471.00 per month
Lease Expiration
10/1/2027
About the Sale
Seller Motivation
Retirement
Transition Support
2 Weeks
Listing Info
ID
2300040
Listing Views
1725

Contact Seller

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Business Listed by: Michael Spizzirri We Sell Restaurants

Listing ID: 2300040 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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