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Business For Sale
ITALIAN RESTAURANT
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Asking Price: |
$300,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Moving |
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Year Established:
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2001 |
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# of Employees:
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5 |
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Yearly Revenues:
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$360,000 |
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Yearly Net Profit:
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$120,000 |
Business for Sale Overview:
Located on downtown square. Historical building with 6,000 s.f. total space, 3,000 s.f. of restaurant on the lower level. The upstairs also has 3,000 square feet for living or renting out as office space. It was previously rented as office suites. Currently used for living.
Property Features and Assets:
Historical building located on downtown square. Area 6,000 square foot of which 3,000 is used for restaurant and 3,000 is used for living. Upstairs living space is configured as office suites and can be rented as office space.
Market Competition and Expansion:
Business is currently closed one and a half days. New owner could add deliveries. Should also apply for beer and wine license. Strong lunch crowd from fixed downtown clientele.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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