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Business For Sale
GREAT ITALIAN RESTRAURANT
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Asking Price: |
$175,000
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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Retirement |
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Year Established:
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1966 |
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# of Employees:
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12 |
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Yearly Revenues:
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$300,000 |
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Yearly Cash Flow:
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$45,000 |
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Yearly Net Profit:
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$45,000 |
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Yearly Gross Income:
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$300,000 |
Business for Sale Overview:
Family owned fine Italian restaurant for over 40 years.(+) Fronting one of the the busiest arteries on Orlando w/ over 45,000 cars per day. Only open for dinner six days/week. Additional revenue if open for lunch & open 7 days a week. Building available for puchase. Very near downtown Orlando, Fashion Square, and Balwin Park. Seating capacity for over 100 and banquet room facilities for special events. Good Rent!
Property Features and Assets:
2700sq. foot in strip center.
Market Competition and Expansion:
Non compete 5 miles for 5 years.
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 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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