Price: $399,900
Location: Daytona Beach, FL
Industry: Italian Restaurants
Listing ID: 1-169
Listing Status: New
This restaurant thrives in the picture-perfect Daytona Beach, Florida. Whether their customers are sun-kissed from a day on the beach or familiar faces, this restaurant is never quiet.
It's been a part of the Daytona Beach scene for nearly two decades, granting it an impeccable reputation and organic traffic both online and on foot. The location also practically guarantees a reliable flood of tourists during the summer, making it an excellent choice for someone looking for a reliable restaurant.
This restaurant is an incredible opportunity for a buyer. The seller is older and hasn't actively worked on growing the business for a while, as it's been doing great, but a new buyer could grow the business easily.
It has a full staff of ten experienced employees led by the seller who prepare and serve delicious Italian food. On top of authentic Italian, the restaurant also caters to tourists with a variety of seafood and steak dishes. These fan-favorites are well-loved by tourists and locals alike, with different seasons bringing different specials for customers to benefit from.
The owner is selling in order to retire, as he's of the age where he wants to work less and travel more.
Total Sales: $834,642
Cash Flow: $110,504
FFE: $144,000
Inventory: $12,000