Commercial Business for Sale in Florence

Commercial business transfer in Florence Oltrarno. Bar and restaurant of 170 sqm with extraction flue, fully equipped kitchen, 100 indoor seats, and over 20 years of proven goodwill. General Description: In the vibrant historic heart of Florence, within the renowned Oltrarno quarter, we offer for sale the transfer of an established and distinguished bar, cafe, and restaurant business with over twenty years of verified, continuous operations. This commercial transaction focuses exclusively on the going-concern operating business entity, including full food and beverage catering licenses, machinery, kitchen equipment, fixtures, furnishings, and a loyal clientele base, without the transfer of real estate property walls. The leased commercial premises encompass an approximate floor area of 170 sqm and command remarkable visibility thanks to prominent storefront display windows positioned along a thoroughfare with heavy vehicular and pedestrian traffic. Located in a lively district frequented day and evening alike, the business attracts a steady flow of local residents, professionals, university students, and international travelers in search of genuine Tuscan culinary heritage. Interior Description: The interior spaces, laid out across a single functional ground-floor level, have been organized to ensure peak workflow and kitchen efficiency during peak hours. The layout features an airy, bright main dining hall connected to a cozier, secondary dining salon, comfortably hosting up to 100 indoor seated guests. Near the entrance, a contemporary bar counter is outfitted for high-volume coffee, breakfast, and evening aperitivo service. The kitchen represents the functional core of the enterprise, fully compliant with environmental codes and fitted with a certified commercial extraction flue, high-capacity extractor hood, gas ranges, ovens, fryers, stainless steel work counters, cold-storage units, and commercial dishwashers. The floor plan is completed by dual restrooms meeting accessibility standards for guests, as well as a private staff restroom with changing quarters. Exterior Description: While situated on the ground floor of an ancient Florentine building without exclusive private outdoor courtyards, the property boasts strong curb appeal along the historic streetfront. Broad floor-to-ceiling glass display windows provide unobstructed interior visibility, engaging foot traffic and pedestrians passing through the district. Supporting operations further down, generous underground cellar and dry storage rooms provide secure, ventilated environments for bulk food items, seasonal goods, beverages, and reserve wine crates. Main Features: Commercial area: approx. 170 sqm Contractual structure: Going concern business transfer (bar and catering license, business only) Guest seating capacity: Up to 100 seated covers arranged between main and private dining halls Kitchen and technical systems: Fully fitted professional commercial kitchen equipped with certified flue Restrooms: Dual guest restrooms complying with regulations plus private staff bathroom with lockers Maintenance condition: Excellent, appliances and equipment ready for immediate turn-key operation Ancillary storage: Private basement cellars and storage rooms for food stock and beverages Property lease agreement: Commercial 6+6 lease contract at fair rental values aligned with local market rates Street frontage: Large high-visibility display windows facing primary pedestrian transit axis Turnover and heritage: Over 20 years of continuous operation with provable accounts and strong evening upside Energy rating: Exempt from energy performance certification (business entity transfer) Utility Details: The commercial premises feature fully autonomous utility connections and mechanical systems strictly adhering to public health, hygiene, and fire prevention codes governing public catering venues. Heating and air conditioning are managed by autonomous multi-split and ducted inverter heat pumps, ensuring temperature control across every dining area throughout the year. The electrical system delivers high-amperage three-phase power capable of supporting commercial catering equipment and refrigeration circuits simultaneously. The water connection includes regulatory grease separators prior to sewage disposal, while the exhaust flue complies fully with the height and emission mandates enforced by the Municipality of Florence. The ongoing premises lease rate is balanced and sustainable relative to property size and central location. Uses and Potential: Acquiring this well-known hospitality enterprise represents a prime investment for seasoned restaurateurs, expanding food and beverage brands, or entrepreneurial families looking to take over a profitable, immediate-start business in central Florence. Under existing management, operations have wrapped up daily around 7:00 PM, focusing primarily on daytime trade such as morning coffee, pastries, light lunches, and afternoon snacks. Consequently, extending business hours into the evening for signature aperitivo hours, cocktail service, and formal dinner seatings presents direct potential to increase gross revenues by 35% to 50%, capturing the lively evening nightlife that draws locals and visitors to the Oltrarno neighborhood. Local Real Estate Market: The real estate market for commercial properties and hospitality business sales in Florence Oltrarno remains among the most active and resilient in Tuscany. According to official data from the Real Estate Market Observatory (OMI) of the Italian Revenue Agency for the central historical B1 zone (Oltrarno, San Frediano, Santo Spirito, and San Niccolò), monthly retail leasing rates for C/1 shop units range between 22 €/sqm and 35 €/sqm, climbing beyond 45-55 €/sqm per month on prime pedestrian streets. Concurrently, business going-concern valuations in the food and beverage industry with fully certified extraction flues and proven historical balance sheets trade between 2,500 € and 4,000 € per square meter of gross area. Compared to high-fashion retail streets north of the Arno (Duomo, Via de' Tornabuoni, Piazza della Repubblica), Oltrarno offers favorable operating ratios, lower fixed lease costs, and deeper year-round customer loyalty than suburban districts such as Novoli, Rifredi, or Gavinana. Tourist and Historical Information: Set on the southern bank of the Arno River, the Oltrarno district is internationally celebrated as Florence's artisan, bohemian, and creative soul, where traditional goldsmiths, antique wood restorers, modern art galleries, and vibrant gathering squares coexist. Historically divided into the neighborhoods of San Frediano, Santo Spirito, and San Niccolò, Oltrarno preserves Renaissance landmarks such as Palazzo Pitti with its expansive Boboli Gardens, Filippo Brunelleschi's Basilica di Santo Spirito, and the Brancacci Chapel in Santa Maria del Carmine, home to the fresco masterpieces of Masaccio and Masolino. Rising toward the hillside, walkways lead up to panoramic vistas at Piazzale Michelangelo and the Romanesque basilica of San Miniato al Monte. Beyond its artistic treasures, the area is widely acclaimed as Florence's premier culinary epicenter, where traditional wine taverns ("fiaschetterie") and historic trattorias operate alongside modern culinary bistros and craft cocktail lounges. The district draws thousands of food enthusiasts and tourists daily for aperitivo rituals, open-air flea markets, and seasonal food festivals, providing hospitality operators with reliable, year-round patronage. Distances: Piazza Santo Spirito: 0.35 km Ponte Vecchio and Arno River Embankment: 0.50 km Palazzo Pitti and Boboli Gardens: 0.45 km Piazza del Carmine and Brancacci Chapel: 0.40 km Piazza del Duomo: 1.20 km Florence Santa Maria Novella Central Railway Station: 1.40 km Piazzale Michelangelo: 1.80 km Fortezza da Basso Exhibition Center: 2.20 km A1 Motorway Firenze Impruneta Toll Booth: 6.50 km Florence Amerigo Vespucci Airport: 7.80 km