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Business For Sale
ITALIAN RESTAURANT
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Asking Price: |
$530,000
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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Other Interest |
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Year Established:
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1988 |
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# of Employees:
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10 |
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Yearly Revenues:
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$700,000 |
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Yearly Cash Flow:
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$188,000 |
Business for Sale Overview:
Upscale Italian Restaurant & Catering establishment in high-end neighborhood. Entrées are in the $20 to $40 per person range. They have 80 plus seats and an exterior court area for 20 plus more. The breakdown of business is 10% lunch and 90% dinner. The Restaurant does 65% and the Catering does 35% of the business. This is for experienced Restauranteurs only.
Additional Details:
- The property is leased.
- 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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