LISTING#: BBF-95140031 | Restaurants (Full Service): Italian Restaurants Restaurants|Italian Restaurant |
LOCATION: Florida --> Southwest Florida --> Charlotte County - Right on US 41 |
ASKING PRICE $650,000 |
AMOUNT DOWN $300,000 |
REVENUES: $2,640,000 |
ADJUSTED CASH FLOW $266,000 |
TOTAL ASSETS $105,000 |
This is a long established and well known Italian Restaurant with a full bar. Licensed 4 COP SRX (51/49) liquor licence. There are 150 seats inside plus a patio with 25 seats. In 1981 the owners moved from NY to Port Charlotte FL, and in 1982 opened the first Italian Restaurant in Englewood. In 1985 they moved to a better location in Port Charlotte. However, with their reputation as best N.Y. style pizza and best Italian food in town, they were growing more and more with clients lining out the door. Therefore in 2002 they bought a bigger facility, a 6K S.F. free standing building with a prime location in Port Charlotte right on US 41. The restaurant has a banquet room that seats 50 persons for private parties, business meetings or for family events. Also, the restaurant does catering, delivers a full menu, and offers a daily chef specials. In the asset/equipment list are included 5 delivery vehicles (4 Kia's and a Nissan van). Note: 2023 part Year is from Jan thru Sept. Note: The Seller owned property is also available for sale at $1,850,000. two Separate Seller partial financing for business and for property sale. Rental is gross monthly amount. The owners (husband and wife) do not work and do not have any duty in their business. However, the husband is there for a few hours, almost every day, to supervise the activity! |
Contact: Lino Galati
Phone: (239) 284-1317 E-Mail: lino@truforte.com |
Truforte Business Group 8270 College Pkwy Suite 105 Fort Myers, FL 33919 www.trufortebusinessgroup.com |
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