Italian Restaurant for Sale With 30 Year History of Profitability On Lake Erie

Buy this Italian Restaurant for Sale on Lake Erie!  Profitable location provides over $65,000 in take home pay to an owner operator along with a wonderful place to call home. SBA lending with just 30% down.  

After generating sales of over $350,000 and a lifestyle for their family for over 30 profitable years, these owners are ready to retire. You can take over the established business with proven profitability, long-term employees, repeat customers and a wonderful location.  This Italian Restaurant for sale is your opportunity to step into a perfect turnkey operation. Full liquor license as well!  

Contact We Sell Restaurants today on this profitable location and with 30% down, we'll have you approved for lending.  That's possible due to strong books and records which show earnings of over $65,000 on annual sales of $350,000.  The balance will be spread over a ten-year loan term with favorable rates. 
 
Currently this Italian Restaurant for Sale is only open Wednesday through Saturday from 4pm to 10pm. Just imagine the boost in sales and your income by expanding the hours.  Rent is unbelievable at $1,217 everything included for this 3,000 square foot space. There is also a potential to buy the building which has additional tenants and could provide you with even more income.
 
The equipment list is extensive equal to restaurant size able to keep up with high-volume demand for quality food including a 10 burner stove, pizza making equipment and over, and plenty of freezer and refrigerator storage.  The seller will fully train the new owner in all the recipes.  The existing staff will also remain in place.  
 
Life-changing opportunity. The area on Lake Erie has sandy beaches, recreational boating, jet skis, canoeing and sail boats that adorn the harbor. On summer nights, residents and tourists congregate on a large public deck to watch boats sail back and forth in front of the Lake Erie sunset. What a perfect place to call home and own and operate a profitable Italian restaurant for ale like this one.  Capitalize on the several annual festivals drawing over 150,000 visitors to the immediate area.
 
This Italian restaurant for sale is located on the main highway going through the middle of the town. Don’t pass by this wonderful opportunity to carry on the tradition of high profits, extremely satisfied customers, long-term employees with several significant upsides for even higher income.

Please click on the tab below to easily acknowledge confidentiality on this Italian Restaurant for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Robin Gagnon at (404) 800-6700

This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.

Listing

  • Listing#: 7260
  • Price: $169900
  • Location: Vermilion
Lease Term: Month to month
Monthly Rent: $1217,
Indoor Seating: 86
Inside Sq. Ft: 3000,
Hood System: Yes
Hours Open: Wednesday through Saturday from 4-10 pm
# of Part-Time Employees: 15
# of Full-Time Employees: 2
Net Sales: $353044.00
Owner Benefit: $65295

Features

  • Take Home $65,000 From This Profitable Business Producing Top Line Sales of $350,000
  • 30 Years In Business with Proven Profits
  • Lots of Opportunity for Modern Marketing Techniques to Boost Profits
  • Currently Only Open Wednesday to Saturday 4 PM to 10 PM
  • Rent is Only $1,217 for 3,000 Square Feet
  • Opportunity to Buy the Building with Additional Tenants
  • Profitable Italian Bar/Restaurant for Sale
  • Italian Restaurant for Sale

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