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Business For Sale
ITALIAN RESTAURANT
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Asking Price: |
$299,000
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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Owner is committed to opening another restaurant. |
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Year Established:
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2007 |
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# of Employees:
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3 Full Time, 12 Part Time |
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Yearly Revenues:
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$720,000 |
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Yearly Cash Flow:
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$281,163 |
Business for Sale Overview:
Master Restaurateur has a proven track record for buying lagging business's. With his expertise, he refurbishes and brings his winning recipes for profit and success. He has set up and sold 14 Restaurants to date, with his ongoing support each is exceeding expectations. He will consider partners.
$140,000 down payment and balance financed over 48-months.
Property Features and Assets:
Lease per Month: $10,750. Square Footage: 2,972.
Building Type: Stripe Plaza.
Terms & Options: 5.5 years then 6 year option.
Expiration Date: 9/1/2013.
Additional Details:
- The property is leased.
- The owner may be 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.
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