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Business For Sale

Liquidation Priced Italian Restaurant

Monticello, MN, USA

Food & Beverage: Restaurants, Fast Food, Deli

Owner Financing is Available
Seller will look at all offers, Price reduced $120K. Owner wants OUT
Asking Price:
Year Established:
Employees:
Listing Number:
$79,000
2005
10
133715588
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$250,000
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

Just REDUCED $120K....for quick sale. Seller is very motivated. Beautifully decorated and constructed Italian Restaurant in new development on busy Highway 25. Daily traffic counts of 27,500 vehicles daily with great visibility and access. Owners are absentee owners and want to downsize operations. Complete turnkey operation. Sauce and dough may be bought from current owners if new buyer is new to industry. The facility literally looks new. A comparable build out would cost $350,000 plus to replace in today’s market. Separate banquet room for private parties is tastefully decorated. Beer and Wine.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

3,000 square feet. Lease: $3,916 including CAM and Taxes.

Market Competition and Expansion:

Growth and Expansion: Catering, expansion of parties, expansion of delivery items are just a few of the possibilities to increase sales. Market Outlook: Very Good. The Highway 25 corridor is expanding rapidly.

Reason for Selling:

Downsizing

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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Liquidation Priced Italian Restaurant
Business Listed By:
Jerry Vlaminck
Hospitality Services Corp
contact the seller
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