Hot Listing
Very Profitable Italian Restaurant & Successful Indoor / Outdoor Bar
Business Description
Strong Loyal Local Customer Base of 18 Years. Great Location!
For 18 years, the owners have served their customers the best Italian meals in all of South Florida. This Italian restaurant is a staple in the community with a strong loyal local customer base. The restaurant offers a casual Italian dining experience for customers, in addition to a large casual outdoor bar and seating area where up to 146 guests can enjoy food and drink. This full-service Italian restaurant can spaciously seat up to 90 guests in the main interior dining room and 30 guests in the private room. It has achieved $2.1 in annual revenue and 60% gross profit margins. With 7000 sq. feet, both the exterior and interior boasts classic Italian design and decor. This restaurant location is in an excellent location in a large, elegant restaurant shopping village.
About the Business
- Years in Operation
- 18
- Employees
- 21
- Facilities & Assets
- The business offers a first-class restaurant. The assets included in this business includes: • A well-trained staff who know how to prepare, serve and clean. • Recipes, menus and other valuable information. • A good lease that includes 7,000 square feet of quality atmosphere. • Booths and tables in a well laid-out space that can seat 296 guests. • 2 pizza ovens, several coolers, and walk-in refrigerator units. • 8 Micros point of sale cash registers/ ordering system. • Commercial kitchen equipment
- Website
- http://www.grandesflorida.com
- Market Outlook / Competition
- Outstanding location near luxury homes, golf courses and other high-end retail shops. Very good market, few competitors with a 10 mile radius, continued growth probable.
- Opportunities for Growth
- The new owner can expand on outside catering and private parties. They can expand marketing to social media platforms beyond Facebook. They can also expand on the indoor bar and create an extension either indoors or outdoors to generate even more revenue.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 7,000
- Rent
- $18,800.00 per month
- Lease Expiration
- 2/19/2037
About the Sale
- Seller Motivation
- The sellers have to relocate so they retire their parents from their businesses
- Transition Support
- The owner will offer a month of training - 80 hours total. Owner is open to consulting beyond the initial training period. They want the new buyer to be successful and take care of their loyal customers.
Listing Info
- ID
- 2324021
- Listing Views
- 5674
Business Location
Listing ID: 2324021 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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