Upscale, High Volume Italian Restaurant in Virginia Beach

  • Listing# : 12948
  • Listed Price : $595,000
  • Total Sales : $1,517,736
  • SIC : 5812
  • Down Payment : $595,000
  • Status : Active
  • Discretionary Earnings : $184,109

Business Type :

Restaurants / Italian Restaurant

Business Description :

High volume, established Italian restaurant and bakery for sale in a busy section of Hampton Roads. Revenues last year exceeding $1.5 million. This restaurant has been receiving great reviews for more than a decade. The combination of regular repeat customers and high volume traffic in the area has helped keep this restaurant one of the busies in the area for several years. With a great reputation, outstanding chefs, staff, etc. this is a restaurant that you have to see. For over 20 years, the restaurant has been starting it's day baking European Italian breads, hand made mozzarella cheese, fresh baked desserts and so much more.  

This is a very popular, and well established fine dining restaurant, with a family feel. The restaurant is always at the top of any local 'Best Of" list. Emphasizing fresh in-house, local products and great service, this restaurant has been very successful for many years. The restaurant is in a great location, in a highly visible, high traffic area, and provides an excellent opportunity for a new owner-operator to carry on the tradition, and maybe add a flair of their own.


Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $9,647
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $200,709
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $210,356
    • Incl : Yes

Lender Prequalified: No

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