Bring an offer! Only 10% down with bank financing! Well-established BYOB Italian restaurant in a great location and very profitable! Many years of longstanding tradition specializing in Italian cuisine. Plenty of seating and parking. There is a separate space for event catering that has done very well. Large kitchen area with excellent equipment. This is a great opportunity for a new owner to come in and make it their own!
- Asking Price:
- $250,000 (USD) Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,268,233 (USD)
- Cash Flow:
- $407,564 (USD)
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
Beautifully kept restaurant with large kitchen space. Restaurant seats 180. Excellent location with high visibility and plenty of parking. There is outdoor dining space that seats 70+.
Business Operation
- Expansion Potential:
-
More marketing and advertising. Utilize outdoor dining space.
- Competition / Market:
-
Other nearby restaurants.
- Reasons for selling:
-
Other interests.
- Trading hours:
-
Monday-Sunday 11am-10pm
- Employees:
- 4 FT/9 PT
- Years established:
- 50
Other Information
- Support & training:
-
Will train for 2 weeks @ $0 cost.
Food handlers license.
- Financing available:
-
Lender pre-screened with $25K down.
- Furniture / Fixtures value:
- $320,394 (USD) - included in the asking price
- Inventory / Stock value:
- $14,207 (USD) - included in the asking price
- Relocatable:
- This business can be relocated.
