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Asking Price:	$1,275,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling:	Retirement
Year Established:	1993
# of Employees:	13
Yearly Revenues:	$883,747
Yearly Cash Flow:	$156,719
Yearly EBITDA:	$156,719
Yearly Net Profit:	$156,719
Yearly Gross Income:	$883,747

Business for Sale Overview:

Well known Italian Restaurant specializing in authentic Italian cuisine. Established for over ten years, Wine/Spirits (4-COP). License for 84 seats. Professional staff, long term employees in place. Signature Dish:Veal Specialties, Gourmet Pizzas, Italian Deli/Market, Bakery, Catering. Outdoor dining space available. Spacious Stainless Steel Kitchen, 32' Captive Air Hood, 16 Burner Stove, Double Ovens, 10x10 Walk-in Cooler, etc. Free Standing Building, 2,439 square feet 3 A/C's, Great Location.

Property Features and Assets:

Free standing building located downtown next to City Hall. Includes a 4COP liquor license valued at $200,000 and land and building valued at $650,000.

Market Competition and Expansion:

Only Italian restaurant located in this quaint downtown area.

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.