Price: $250,000
Location: Gulf Shores, Alabama
Listing ID: 1-25
Listing Status:
Want a reliable entry into the restaurant industry? This is it! This Italian restaurant has been around for over ten years and is a favorite for locals and tourists alike. This restaurant is always busy and located in a classic, well-known area. Only a few minutes from both OWA and the Tanger Outlets, this restaurant receives a ton of traffic from other local tourist destinations. Additionally, this company also has a 2nd kitchen and dining area that needs to be used for catering and events, or it could house several ghost kitchens for amazing revenue and profit. This company is profitable but the owner is older and selling to retire and spend more time with his family. This company needs either an active owner to manage it or for a new owner to hire a manager- but either way it's good to go.
Italian Restaurant plus multiple ghost kitchens= Money
Total Sales: $516,612
Cash Flow: $70,560
FFE: $52,000
Inventory: $5,000