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Italian Restaurant For Sale

North Carolina
Asking Price:
$559,500 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,200,000 (USD)
Cash Flow:
$186,000 (USD)

Fine dining well established Italian restaurant for sale located in a fast growing area of southeastern North Carolina. Having been in the same location for 14 years, this family owned restaurant has been successful due to a solid reputation for quality food with constant value, outstanding service and friendly staff. The company's strong loyal local customer base along with the tremendous tourist business helps to make this business so successful at this North Carolina location. The menu consists of wonderful Italian flavors including pasta, seafood, chicken, veal, pizza, heroes/subs, Stromboli, soup/salad, appetizers, desserts, and beverages of mixed drinks, beer, wine, soft drinks and iced tea.
Catering is also available on and off premises.

Property information

Real Estate:

Lease

Premises Details:

7000.00

Size in square feet:
4200 sq ft

Business Operation

Expansion Potential:

Possibly with extended hours a new owner could increase sales and profits.

Competition / Market:

There is no competition in the area with this kind of Italian menu options.

Reasons for selling:

Owner wants to retire

Trading hours:

Days: 7, Hours: Jan-June 11-8:30-July-Sept 11-9

Employees:
Full Time: 3, Part Time: 23
Years established:
15

Other Information

Support & training:

Seller will assist buyer in transition

Financing available:

Financing is Available

Furniture / Fixtures value:
$182,000 (USD) - included in the asking price
Inventory / Stock value:
$7,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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