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Advert Ref: 8868 Aloi

High-End Italian Restaurant

Details: Asking price:$275,000; Sales revenue:$650,000; Net profit:$200,370; Fixtures value:Undisclosed; Inventory value:Undisclosed

Business description: If you are looking for a restaurant that seats 100+, this is the place for you. The current owner has maintained this business as a High-End Italian restaurant averaging $30 - $40 per person, per meal. In the heart of a residential neighborhood, with limited competition, this location offers 1700 sq. ft. of dining area with a full bar and waiter's station. Ideal for lunch, dinner, and private parties (they currently average 2-3 private parties per week). The kitchen offers 3 ovens, 18 burners, 2 refrigerators, 1 combo box (refrigerator/freezer), 2 fryers, 1 grill, 2 counter refrigerators, separate dishwashing area, and steam table. There is even a matching 2000 sq. ft. of basement storage space with a walk in refrigerator and a walk in freezer, private office, liquor storage room, and changing room for employees. If you are currently in the restaurant business or looking to make the move, please take a look at the virtual tour on this listing and call today to make an appointment.

General information: Years established:4; Employees: 6FT; Real Estate:; Reasons for selling:owner is relocating; Financing available?$100,000 over 60 months @ 8%