Manager-Run Italian Restaurant with Amazing Team
Acquire a refined, manager-run Italian restaurant in a prime coastal Pinellas dining corridor. The owner is absentee; systems, staff, and leadership are in place for a clean handoff. Strong wine program, loyal reservation-driven clientele, and disciplined operations make this a turn-key cash-flow play for an operator semi-absentee buyer.
Highlights
Absentee-run with GM/leadership in place (owner does not work on site)
~$1.0M run-rate revenue with ~$340K discretionary cash flow
Tight cost profile: ~20% COGS • ~26% payroll • ~5% rent-to-sales
Attractive lease structure (assignable) in a high-demand dining corridor
Clean books (POS/bank/payroll/sales tax)
Wine-forward program, premium check averages, strong repeat business
Seller to provide structured recipes/SOPs transition and staff continuity plan
Process:
NDA and proof of funds required to receive the CIM, financial package, and lease summary.
Financials (USD)
Asking Price $649,000
Cash Flow $344,368
Sales $1,031,076
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? No
Willing to co-broke? Yes
Principals only? No
Franchise? No
Management will stay? Yes
Relocatable? No
Real Estate? No
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