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Business For Sale
ITALIAN RESTAURANT
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Asking Price: |
$425,000
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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Seller needs to focus on other businesses |
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Year Established:
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2006 |
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Yearly Revenues:
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$892,795 |
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Yearly Cash Flow:
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$80,532 |
Business for Sale Overview:
This 2.5 year old, 2,450 square feet, restaurant sits in a great location on a busy major intersection of South Charlotte. This restaurant offers daily specials and serves beer and wine. The atmosphere is casual for dining and offers a takeout or delivery service for the busy client. The menu offers a wide range of options from pizza to traditional entrees to daily specials. The catering menu is perfect for any occasion and can handle large or small parties. As expected from the location, the restaurant does a substantial lunch business. This business has shown growth every year and the continued expansion of the surrounding residential and commercial area should lead to additional growth in the future.
Property Features and Assets:
The building is located on a busy intersection in South Charlotte. It is well decorated and has a casual feel.
Market Competition and Expansion:
The restaurant industry always has competition but the location and menu set this one apart from the rest. Growing the untapped catering side of this business would add to growing clientele.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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