Business for Sale Overview:
Great opportunity to own 25 year old established and profitable Italian family restaurant. Located in a huge shopping center, anchored with many major chain stores. This place is known for its friendly atmosphere and great menu. Specialty pizzas, pastas, big sauced sandwiches which compliments by a nice beer selection. Tap and bottle. This 2,600 square feet restaurant has big kitchen, and 75 seating which offers plenty of space for parties, group meetings, after work gatherings, also, excellent set-up to watch favorite sports event, 61” screen TV with satellite-cable, pool table, game machines.
Won't Last Long, Inquire Now!
Location: City of Ontario/ Strip center.
Demographics: Total population 160,852, White-36,191, Black- 10,937, Latino 104,714, and Other 8,364
Established: 1984, (25 years) with the current Owner since 1987 (22 years)
Size: 2,600 Square feet
Rent: $6,180
Lease terms: Expires June 2010 plus two 5 years option / 3% annual increase.
Kitchen: Hood, 2 deck ovens, walk-in refrigerator and more.
Seating capacity: 75
License: Beer and Wine.
Parking: Ample.
Business Hours: 7 days / regular hours 11-10pm and Fri-Sat 11-11pm
Payroll $4,000
Employees 2 Full Time, 3 Part Time
Fixtures Furniture & Equipment $100,000
Seller will provide Training for 2 weeks at 20 hours per week.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Burn out
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.