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Iconic Nashville Italian Restaurant for Sale Nashville, TN (Davidson County)

Middle TN

Asking Price: $ 349,000

Cash Flow: $ 134,000
Gross Revenue: $ 1,073,000

Business Description

 

Asking Price:  $349,000

Cash Flow:  $134,000

Gross Revenue:  $1,073,000

FF&E:  $150,000

Inventory:$8,312

Lease Rate:$26 /SF/Year

Established:1999

Business Description

Exciting opportunity to own a very popular restaurant. In business for several decades, this is truly an iconic Italian restaurant in a fabulous Nashville location. The Restaurant serves specialty award-winning dishes made fresh on the spot. The owners’ keys to success: • Awards for Best Italian, Best New Restaurant, Best Pasta, Most Romantic etc. for many years by publications like the Nashville Scene, Nashville Lifestyles Magazine, Where the Locals Eat, Trip Advisor, Yelp and more. Top 25 Restaurant in Nashville for many years. • Long time and loyal staff–kitchen staff over 12 years • Fabulous recipes • Inviting, friendly neighborhood atmosphere—where the locals and tourists alike hang out

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,800
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Inquire with broker
Competition:
Few with this kind of quality and character! • Awards for Best Italian, Best New Restaurant, Best Pasta, Most Romantic etc. for many years by publications like the Nashville Scene, Nashville Lifestyles Magazine, Where the Locals Eat, Trip Advisor, Yelp and more. Top 25 Restaurant in Nashville for many years.
Growth & Expansion:
Food truck. Expand hours and days of operations. This business would benefit from an expanded online presence as well as social media marketing and could also expand its reach by way of growing delivery services to nearby households and businesses. Catering is a possible expansion opportunity as well. Bloggers.
Financing:
Limited to qualified buyers at seller’s discretion.
Support & Training:
Yes, owner will stay on to train and transition but current staff is capable.
Reason for Selling:
Other interests/retirement
This listing was added 10/24/2018

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