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Restaurants|Italian Restaurant
Sarasota, FL

Asking Price: $650,000   Down Payment: $650,000  
Gross Revenue: $1,282,778   Adj. Cash Flow*: $248,543  
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Executive Summary
Rare opportunity to own a restaurant in PRIME ST ARMANDS location in Sarasota. Intimate piano bar & beautifully decorated spacious dining room; currently it is open for dinner year-round w/ an SRX license. Seats 273 w/add'l opportunity for catering/events/nightclub with unique attached venue spaceLoved by locals & tourists this area gets TONS of foot traffic. Owner benefit can be increased by opening for breakfast & lunch as has been done in the past. Owner anxious to retire, call me ASAP to see this!

Acquisition Highlights

  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2001 Inventory: $40,000 Included
Employees: 5 FT, 14 PT , 1 Mgrs Furniture, Fixtures & Equipment: $50,000 Included
Lease/Rent: $15,000 Real Estate: Available
Building Sq Ft: 6069
    Total Assets Included in Sale: $290,000
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.


Contact:  Jamie Aymerich
Phone:  (941) 302-4871 x 112
Fax:  (239) 603-6235
Other:  (941) 685-3479
Truforte Business Group
8270 College Pkwy
Suite 105
Fort Myers, FL 33919
The above company and/or agent is a licensed real estate broker/and or a business broker.
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