Italian Restaurant For Sale - Santa Cruz

Established and profitable Italian restaurant in one of Santa Cruz' best beach neighborhoods, with menu featuring award winning wood-fired pizza, calzones, soups, salads and pastas.

Great lease in place through end of 2021, plus 5 year option. All equipment and furniture in very good condition.

Strong social media presence with a great reputation and hundreds of real costumers following. Very well rated on major platforms (yelp, trip advisor, google etc..).

Well-trained key staff willing to stay. Turn key operation, with all recipes and eventual training included.

Facility details:
. Dining capacity for 95
. Full kitchen plus additional dry storage.
. Specialty oven
. Lease expires Jan 2021 plus 5-year extension.
. Separate restrooms for employees and guests

Sales history:
. Gross sales for last year were $1,150,000
. Adjusted net (including owner officer salary & extended benefits) $183K.
. Positive trending over the prior 6 years went from $900K in 2013 to $1.15M in 2018

Core employees willing to stay

Owner operator details:
.owner manages back office and administration
.owner semi-absentee during operating hours, mostly hosting and entertaining guests

Available for $399,500
The listing # 245116 Italian Restaurant - Santa Cruz below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Italian Restaurant in Santa Cruz please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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