Restaurants For Sale in Orlando Florida

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Italian Restaurant Pizzeria Liquor Bar Sports Bar Soccer Football

Location:Orlando, Florida

Category:Restaurant

Asking Price:$650,000

  • Sales revenue : $971,457
  • Net profit : Undisclosed
  • Furniture/Fixtures value : $100,000
  • Inventory/Stock value : $10,000
  • Italian Restaurant Pizzeria Liquor Bar Sports Bar Soccer Football
  • Italian Restaurant Pizzeria Liquor Bar Sports Bar Soccer Football

Business description

Italian 154 seat restaurant and Pizzeria with an SRX license serving liquor and a full Italian menu with a pizza delivery service. Located just off downtown Orlando close to a trendy upscale high end growing neighborhood. Close to a major residential area. Superbly appointed and just remolded at over $500k. Fully equipped kitchen with experienced staff in place. Good parking and located on a main inter section with good visibility. Sports bar atmosphere, good TVs and a very good sports package in place, great for soccer and sports enthusiasts. This is ideal for a family operation and is a turnkey business where all of the remodeling has taken place and the business has incurred down time that is now over and ready to increase sales. This bar restaurant has been superbly remolded and a buyer needs to do nothing but come in and operate the business, and from day one it will make a profit as it is all up and running with trained kitchen staff and servers, ready to go to its next million of sales. Seller will finance a buyer with $400,000 down.

Other Information

  • Competition: There is always competition in this field but nothing in the area that a buyer has to worry about unduly.
  • Expansion: The bar has undergone a lot of building work and now that it is finished a new buyer can settle down to some advertising and customer relations that will increase the business even though it is still doing over a million in gross sales, it has the capacity to double income with some marketing and a new owner. Present owner is a little burnt out after taking the brunt of a long building campaign.
  • Years Established: 2010
  • Employees: 20
  • Support Training: The restaurant is fully staffed with experienced cooks and waiting staff and the owner is very much absentee, but will stay and assist for two weeks for an orderly hand over of the business.
  • Reason For Selling: Seller needs a rest as the rebuilding was much harder than he thought.
John Price,broker & Associates
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