Restaurant for Sale in Siena – Thriving Business in the Historic Center

Restaurant and pizzeria for sale in Siena, Zone 1. Excellent goodwill, with options for full transfer or license-only sale. Favorable lease agreement. General Description: In the heart of Siena’s historic center, specifically in Zone 1, we offer the sale of a thriving restaurant and pizzeria business. This well-established venture comes with flexible options for purchase: full transfer, including goodwill, furnishings, equipment, and machinery; or the sale of the license alone, with its associated goodwill. The buyer may choose to continue operations at the current location or relocate the business within Zone 1, preserving the established market position. Interior Description: The restaurant features a well-organized layout that supports efficient operations. The dining area is warmly decorated, creating a welcoming atmosphere for customers. The kitchen is fully equipped and in excellent working condition, designed to facilitate smooth daily operations. Additional spaces are available for storage and administrative needs, ensuring optimal management of the business. Exterior Description: The property is situated in a prime position within Siena’s historic center, benefitting from excellent pedestrian traffic and visibility. Its central location makes it particularly attractive to both tourists and locals. Depending on local regulations, outdoor spaces can be utilized to further enhance the customer experience. Utilities Details: The business includes modern heating and air-conditioning systems. Energy supplies are optimized to meet the demands of a busy restaurant, and the existing equipment is in perfect condition, ready for immediate use. Potential Uses: This business is a unique opportunity for investors looking to enter the thriving hospitality market in Siena’s historic center. It is equally suitable for entrepreneurs who wish to expand their existing portfolio. The high growth potential also makes it ideal for tourism-focused dining concepts aimed at the area’s steady flow of visitors. Local Market Analysis: Siena’s historic center, particularly Zone 1, is one of Tuscany’s most desirable locations for restaurants, thanks to its constant flow of tourists and residents. In this area, the average sale price for well-established businesses with strong goodwill ranges between €50,000 and €120,000, depending on factors such as turnover, location visibility, and proximity to major attractions like Piazza del Campo and the Duomo. Restaurants and pizzerias with strong market positions, such as this one, report excellent economic performance, with an average operating margin exceeding 20%. The demand for food service licenses in this area remains consistently high, making this an attractive long-term investment opportunity. Touristic and Historical Information: Siena is one of Tuscany’s most beloved cities, celebrated for its extraordinary cultural and historical heritage. Piazza del Campo, the site of the famous Palio di Siena, is one of the main attractions, while the Duomo stands as a masterpiece of Gothic architecture. The city is also renowned for its culinary traditions, including iconic dishes such as pici pasta and desserts like panforte. This blend of history, culture, and gastronomy makes Siena’s historic center a perfect location for a successful restaurant. Distances from Key Points of Interest: Piazza del Campo: 500 m Siena Cathedral: 700 m Siena Train Station: 2 km Florence: 70 km San Gimignano: 40 km Florence Peretola Airport: 75 km Chianti: 20 km Montalcino: 35 km Pienza: 45 km Volterra: 50 km