Restaurant for Sale in Bridgetown, Barbados
Italian restaurant for sale in Bridgetown, fully equipped and ready for immediate takeover.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 550 thousand |
| Run Rate Sales | USD 550 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants |
| Locations | Bridgetown |
| Local Time | 3:04 PM America / Barbados |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
300 thousand
(Native Currency: BBD 600,000)
Reason: The owner is looking to exit the business due to health concerns, which have limited their ability t...
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Includes physical assets worth
USD
122 thousand
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Business Overview
- Well known restaurant in a prime location in Bridgetown's high-traffic area, strategically positioned near hotels, businesses, and condominiums, ensuring a steady stream of clientele.
- Consistently strong performance with an average evening customer footfall varying between 20 to 135, showcasing the potential for scalable income from dine-ins and takeaways.
- Highly reputable with an average rating of over 4 on TripAdvisor, further cemented by receiving multiple TripAdvisor awards, establishing the restaurant as a trusted dining spot in the area.
- Equipped with a restaurant license, ensuring a seamless transition for new owners to take over operations without legal hurdles.
- Operates with a dedicated team of 9 permanent employees and a flexible pool of 3-4 seasoned temporary staff hired on demand basis.
- Seating capacity for 80 guests optimizes revenue potential from peak footfall, making it an ideal venue for both casual dining and group events.
- Proven supplier relationships result in favorable terms, securing quality ingredients and consistent service levels for customers.
- Provides offline sales via dine-ins and takeaways as the primary revenue stream, supplemented by additional income via online food delivery platforms, expanding reach and customer base.
- Consistently strong performance with an average evening customer footfall varying between 20 to 135, showcasing the potential for scalable income from dine-ins and takeaways.
- Highly reputable with an average rating of over 4 on TripAdvisor, further cemented by receiving multiple TripAdvisor awards, establishing the restaurant as a trusted dining spot in the area.
- Equipped with a restaurant license, ensuring a seamless transition for new owners to take over operations without legal hurdles.
- Operates with a dedicated team of 9 permanent employees and a flexible pool of 3-4 seasoned temporary staff hired on demand basis.
- Seating capacity for 80 guests optimizes revenue potential from peak footfall, making it an ideal venue for both casual dining and group events.
- Proven supplier relationships result in favorable terms, securing quality ingredients and consistent service levels for customers.
- Provides offline sales via dine-ins and takeaways as the primary revenue stream, supplemented by additional income via online food delivery platforms, expanding reach and customer base.
Products & Services Overview
Offers a diverse range of authentic Italian cuisine, including its best-selling pizzas, pastas, salads, and desserts, all available in both vegetarian and non-vegetarian options to cater to a broad clientele. Serves dine-in customers, groups hosting casual gatherings or events, and takeout patrons seeking high-quality Italian meals. The restaurant also fulfills online food delivery orders, extending its reach to local residents, tourists staying in nearby hotels, and professionals from surrounding businesses and condominiums.
Assets Overview
Physical assets include:- Kitchen & restaurant equipment.
- Stock.
- Furniture & fittings.
Intangible assets include intellectual property.
Facilities Overview
Operating from a rented single story facility with adequate parking space located in Bridgetown, Christ Church. Rent is BBD 10k/month.
Capitalization Overview
The business's only obligations are to the owners, suppliers and government. No funding by any financial institutions or investors were taken. There are 2 partners in the business.
Recent Activity
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Earlier than 15 daysOwner, Maritime Transportation, Bridgetown, Individual Investor / Buyer connected with the Business
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