Classic Italian Restaurant with wood fired pizza

Springfield, OR
Lane County


Asking Price: Annual Revenue:
$100,000 $908,013

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Classic Italian Restaurant with wood fired pizza Broker: Raymond P Dowd
License #: 01890916

Quick Facts

Asking Price: $100,000
Annual Revenue: $908,013
Net Profit: $61,334
Cash Flow: $61,334
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: Not Disclosed
BBN Listing #: 3404931
Broker Reference #: EG10620

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Business Overview:

Great opportunity to take over a beloved Italian restaurant known for over 15 years for tasty entrees, appetizers, wood-fired pizza, and a selection of fine wines. A new lease shall be negotiated at the new lower rates for the strip mall for the new owner as a contingency to this sale. All FF&E and recipes are included in the sale. EG10620

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Property Features and Assets:

The current lease will expire on 1182021, a new lease is available, Rent $4,458, 2,140 square feet, $2,600 Inventory included Hours Sunday thru Thursday from 11 am to 9 pm, Friday and Saturday from 11 am to 10 pm.

Reason for Selling:

Divestment

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.

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