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Business For Sale
ITALIAN RESTAURANT
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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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Discuss with seller |
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Year Established:
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1987 |
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# of Employees:
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21 |
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Yearly Revenues:
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$573,545 |
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Yearly Cash Flow:
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$86,324 |
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Yearly Net Profit:
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$66,324 |
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Yearly Gross Income:
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$573,545 |
Business for Sale Overview:
Well established Italian Eatery, for 20 plus years, great location with excellent exposure. Seating for 80. Currently has managers in place, owner is absentee. Owner/operator would be preferred. Strong and loyal clientele, adjacent to an established upper-end neighborhoods. Attractive, clean and well maintained. Possible owner financing for experienced and qualified buyer, subject to owner's approval.
Property Features and Assets:
2600sq. foot in shopping center for $4600/month.
Market Competition and Expansion:
Non compete 15 miles for 3 years.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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