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Business For Sale

Recently Expanded Italian Restaurant

Northeast Ohio, OH, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$375,000
$400,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
8
92812385

Business for Sale Overview:

This restaurant is an Italian eatery and bar with live entertainment, located in the Youngstown area. They provide a full kitchen and bar with a dining room that accommodates seating for approximately 100 people. They offer a diverse and high quality menu. Over the years they have built a very large and loyal client base. This client base has provided them with referrals generated by customer satisfaction and friendly service. The hours of operation are as follows: Monday through Friday, 11 AM – 2:30 AM; Saturday, 12 PM – 2:30 AM; and Sunday, 1 PM – 9 PM.

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.

Property Features and Assets:

This restaurant is 4,500 square feet with a lease of $3,039 per month. The parking lot is behind the building and adequate in size. There is also on street parking available. This eatery is located in an excellent location for a variety of clientele and large walk-in traffic. The building is set in a prime location providing it with high-visibility from the street. The interior of the restaurant is beautifully decorated and has been kept in top shape. The kitchen is very clean and all equipment has been kept in good condition.

Market Competition and Expansion:

There are no authentic Italian restaurants in the area that provide the quality of this restaurant. This business keeps its customer base growing due to original and authentic food selections that are special to this restaurant. The potential to add more business and live entertainment is great due to recent expansion. They offer free wireless internet. There is also an option to add catering which would increase sales.

Reason for Selling:

Retirement

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.
 

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