General Business Information
Listing ID:
4110-00474
Listing Type:
Exclusive Right of Sale
Price:
$325,000
Down Payment:
$325,000
Category:
Restaurants
Subcategory:
Italian Restaurant
County:
Osceola
Sales:
$681,341
SDE:
$199,631
Description of Business
An amazing opportunity to acquire a well-established authentic Italian restaurant that has been in business for over 30 years.
Located in a prime position on one of the busiest roads in the heart of the tourist area in Central Florida, with over 55,500 passing vehicles per day, the restaurant has an excellent reputation and a loyal customer base from the surrounding area, as well as a constant source of new customers from the regular influx of tourists that the region attracts all year round.
There is a beer and wine license in place and seating for 70 people. There are 5 full-time members of staff, and the restaurant is fully equipped and turn-key ready for a new buyer to take over.
The owner is looking to retire but will provide two weeks of training to the buyer to make sure they fully understand how the restaurant operates and can continue with the success that they have had over the past 3 decades. There is currently a lease in place until January 2026, and the landlord is willing to discuss an extension for a new buyer.
With an established track record and experienced staff in place, this business should easily qualify for an E2 visa.
Listing Details
Organization Type:
Sub-S Corporation
Hours of Operation:
Mon-Sun 2pm-9pm
Years Established:
30
Years Owned:
30
Employees FT:
5
Amount of Hours Owner Works:
35
Is Relocatable:
No
Is Home Based:
No
Is a Franchise:
No
Is Lender Pre Qualified:
No
May Qualify for a Visa:
Yes
Financial Information
INCOME PERIOD, Year
GROSS SALES
– Costs of Goods Sold
= Gross Profit
– Total Expenses
= Net Before Taxes
ADD BACKS
+ Owner(s) Salary
+ Benefits
+ Interest Expense
+ Depreciation
+ Other $0
TOTAL OWNER BENEFIT
2024
$681,341
$141,763
$539,578
$365,648
$173,930
$22,600
$0
$0
$0
$3,101
$199,631
2023
$604,603
$186,652
$417,951
$285,147
$132,804
$55,920
$0
$0
$114
$6,868
$195,706
2022
$719,669
$236,936
$482,733
$283,007
$199,726
$32,100
$0
$0
$131
$6,029
$237,986
Assets Included in Sale
Other:
$0
FF+E:
$70,000 Included
Inventory:
$1,500 Included
Total Assets Included:
$71,500
Lease Information
Monthly Rent:
$7,000
Expiration Date:
2026-01-31
Square Footage:
3000
Terms and Options:
Negotiable
Building Type:
Strip Mall
Summary
Reason for Sale:
Retirement
Training and Support:
2 Weeks
Non Compete:
5 years, 25 miles
Owner Qualifications:
Beer & wine license
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00474
Listing Type: Exclusive Right of Sale
Price: $325,000
Down Payment: $325,000
Category: Restaurants
Subcategory: Italian Restaurant
County: Osceola
Sales: $681,341
SDE: $199,631
Description of Business
An amazing opportunity to acquire a well-established authentic Italian restaurant that has been in business for over 30 years.
Located in a prime position on one of the busiest roads in the heart of the tourist area in Central Florida, with over 55,500 passing vehicles per day, the restaurant has an excellent reputation and a loyal customer base from the surrounding area, as well as a constant source of new customers from the regular influx of tourists that the region attracts all year round.
There is a beer and wine license in place and seating for 70 people. There are 5 full-time members of staff, and the restaurant is fully equipped and turn-key ready for a new buyer to take over.
The owner is looking to retire but will provide two weeks of training to the buyer to make sure they fully understand how the restaurant operates and can continue with the success that they have had over the past 3 decades. There is currently a lease in place until January 2026, and the landlord is willing to discuss an extension for a new buyer.
With an established track record and experienced staff in place, this business should easily qualify for an E2 visa.
Listing Details
Organization Type: Sub-S Corporation
Hours of Operation: Mon-Sun 2pm-9pm
Years Established: 30
Years Owned: 30
Employees FT: 5
Amount of Hours Owner Works: 35
Is Relocatable: No
Is Home Based: No
Is a Franchise: No
Is Lender Pre Qualified: No
May Qualify for a Visa: Yes
Financial Information
INCOME PERIOD, Year: 2024
GROSS SALES: $681,341
– Costs of Goods Sold: $141,763
= Gross Profit: $539,578
– Total Expenses: $365,648
= Net Before Taxes: $173,930
ADD BACKS
+ Owner(s) Salary: $22,600
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $0
+ Other $0: $3,101
TOTAL OWNER BENEFIT: $199,631
INCOME PERIOD, Year: 2023
GROSS SALES: $604,603
– Costs of Goods Sold: $186,652
= Gross Profit: $417,951
– Total Expenses: $285,147
= Net Before Taxes: $132,804
ADD BACKS
+ Owner(s) Salary: $55,920
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $114
+ Other $0: $6,868
TOTAL OWNER BENEFIT: $195,706
INCOME PERIOD, Year: 2022
GROSS SALES: $719,669
– Costs of Goods Sold: $236,936
= Gross Profit: $482,733
– Total Expenses: $283,007
= Net Before Taxes: $199,726
ADD BACKS
+ Owner(s) Salary: $32,100
+ Benefits: $0
+ Interest Expense: $0
+ Depreciation: $131
+ Other $0: $6,029
TOTAL OWNER BENEFIT: $237,986
Assets Included in Sale
Inventory: $1,500 Included
FF+E: $70,000 Included
Other: $0
Total Assets Included: $71,500
Lease Information
Monthly Rent: $7,000
Expiration Date: 2026-01-31
Square Footage: 3000
Terms and Options: Negotiable
Building Type: Strip Mall
Summary
Reason for Sale: Retirement
Training and Support: 2 Weeks
Non Compete: 5 years, 25 miles
Owner Qualifications: Beer & wine license
LISTING BROKER