40-Year Established Italian Restaurant with Included Real Estate in Lake County, FL
Financial Details
- Asking Price:
- $1,000,000
- Annual Revenue:
- $830,347
- Cash Flow / SDE:
- $104,600
- Profit Metric:
- Cash Flow (SDE)
- Valuation Multiple:
- 9.6x
- Location:
- FL, US
- Source:
- Date:
- November 05, 2025
Key Highlights
Description
This is a rare opportunity to acquire a highly reputable, award-winning Italian restaurant boasting a 40-year legacy in Lake County, Florida. The sale includes the purpose-built real estate, valued at $900,000, bundled into the $1,000,000 asking price. The business benefits from exceptional customer loyalty, with approximately 70% of patrons being repeat visitors, driven by authentic Italian cuisine and signature items like the Greek salad. Generating $830,347 in gross revenue and $104,600 in SDE, this turnkey operation is supported by 20 experienced employees, minimizing transition risk. Sales doubled after a 2013 relocation, demonstrating strong growth potential. Financing options, including SBA pre-qualification, are available.
Industry Information
- Industry Description:
- This is an established Italian restaurant with a 40-year legacy, focusing on authentic Italian cuisine, pizza, and Greek specialties, operating in a purpose-built facility.
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1981
- Employees:
- 20
- Reason for Selling:
- Transitioning/Seller Discretion
Real Estate & Lease
- Status:
- Owned
- Real Estate Price:
- $900,000 USD
Assets & Inventory
- FF&E Value:
- $50,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $5,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Greg DeSalvo
- Company:
- Boss Group International, LLC
- Phone:
- 689-220-6653
Listing Details
- Listing ID:
- f4c3b844-cbca-4b3f-8760-5806976e6846
- Source Listing ID:
- 2418402
- Deal Status:
- For Sale
- Last Updated:
- November 05, 2025
- Currency:
- USD