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Business For Sale
GREAT NEW SUCCESSFUL PIZZA & ITALIAN RESTAURANT
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Asking Price: |
$350,000 (est)
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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New restaurant opportunity. |
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Yearly Revenues:
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$500,000 |
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Yearly Cash Flow:
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$50,000 |
Business for Sale Overview:
The Buyer has the opportunity to use the successful reputation, experience, know how and recipes of a true Italian Restaurateur to build and have their own. Mr. Giovanni Vitale will help you build and start your restaurant, giving you the business model and delicious recipes that have made him successful for the past 35 years. Mr. Vitale has been building and operating good, reputable, popular Italian Restaurants since 1972. The restaurants sell and serve fine Italian cuisine, pizzas, calzones, sandwiches, salads, desserts and drinks. The Buyer can expect to reach $500,000 in revenue the first year, 15% profit.
$650,000 in revenue the second year, 20% profit and
$750,000 in revenue the third year, 20%+ profit. (Mr. Vitale has achieved this performance with previous restaurants). Restaurants have 80+ seats; $250-350,000 in assets and buildout! Employee training assistance.
Contact Richard of PBA, 770-932-6122, rburgess@pbabroker.com
Property Features and Assets:
Facility: The restaurants typically operate from leased shopping center spaces in rapidly growing, affluent areas.
The facilities are 2,400 to 3,600 square feet including dining room, kitchen, restrooms and small office. Outdoor seating is a plus! See floor plan for details.
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 a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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