Desirable Location Greensboro Italian Restaurant

Not Disclosed, NC
Guilford County


Asking Price: Annual Revenue:
$190,000 $428,295

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Desirable Location Greensboro Italian Restaurant Broker: Joe Santora
Owner Financing is Available!
150000.00

Quick Facts

Asking Price: $190,000
Annual Revenue: $428,295
Net Profit: Not Disclosed
Cash Flow: $129,508
Total Debt: Not Disclosed
FF&E: $225,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 333251612
Broker Reference #: 76761-973413

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Business Overview:

Seller Financed Pizza Place Italian Restaurant Greensboro

Great Location Greensboro Pizza Place/ Italian Restaurant

Business was not negatively impacted by Covid

Excellent online reputation

Website with online ordering

Established since 1996 and in current location since 2006

$275,000 in lease hold improvements included

$225,000 in furniture, fixtures, and equipment included

Price recently reduced to $190,000

Seller will accept a full offer of $190,000 OR a Seller financed offer of $225,000 with $75,000
down and $150,000 financed over 120 months at 7.5% interest with a payment of $1,780.53

Growth potential through marketing, advertising, increased social media presence, and expansion focus of catering services

Established since 1996

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Reason for Selling:

Retirement

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.

Relevant Links:

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