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Restaurant for Sale in Palazzolo Acreide, Italy

For sale: Italian restaurant with 100 seats.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 157 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 30 - 40 %
Industries Restaurants
Locations  Palazzolo Acreide
Local Time 4:06 PM Europe / Rome
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 90 thousand (Native Currency: EUR 80,000)
Reason: The owner has family issues.
Includes physical assets worth USD 90 thousand
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Business Name
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Business Overview
- The establishment boasts a seating capacity of 100, providing ample space for clients to dine comfortably.
- On weekends, the business attracts more customers and during the summertime, there are a lot of tourists.
- Notably, the average order value stands at EUR 35, reflecting the appealing menu offerings and the willingness of customers to spend at this establishment.
- The business began 2 years ago at the end of December.
Products & Services Overview
- Products offered:
1. Italian cuisine and wine bar.
2. Steakhouse.
3. Southern Italian dishes.
- Bestselling items:
1. Pastas.
2. Starters.
3. Steaks.
4. Mediterranean dishes.
- Client demographics:
1. Age group: Over 40.
2. Customer base: Local neighborhood residents and tourists.
Assets Overview
Physical assets include:
Modern Furniture, and fixtures.
Kitchen equipment.
Facilities Overview
- Prime location: The restaurant is located on the main road in a recently refurbished building.
- Fully equipped: The restaurant comes with a fully equipped kitchen and all necessary furnishing on the floors.
- Ample facilities: Includes 3 toilets and a storage room.
- Spacious layout: Comprises 4 rooms and a terrace.
- Size: Covers an area of 230 square meters.
- Rent: €1,000 per month.
Kitchen equipment: Stoves, double basket fryer of 15 liters each, griddle, charcoal barbecue, roner for low-temperature cooking, refrigeration counter with 2 doors plus 2 drawers, double sink with drain, dishwasher, blast chiller with 5 trays, oven with 4 trays, 3 steel tables for processing, vacuum machine, slicer, mixer, meat grinder, microwave, double door fridge, 2 freezers, a 3 m long hood, plates, pans, pots and everything you need in a kitchen.
The bar has 2 wine cellars, 1 white wine, one red wine, a drinks display counter, a PC case with palmtop, approximately 300 glasses of wine, approximately 300 glasses of different types.
The rooms have tables and chairs, cutlery, poldine on the tables, many pots with plants, both internal and external, a veranda plus a terrace overlooking the main street.
Capitalization Overview
- Self-funded business.
- Sole owner, 100% ownership.
- There are no debits or loans in the name of the business.
Recent Activity
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2 Buyers already contacted this Business. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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