Italian Bistro- Sales Stable at $1M, 32% SDE!

North Myrtle Beach, SC
Horry County

Fronting busy Highway 17


Asking Price: Annual Revenue:
$799,000 $1,000,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Bistro- Sales Stable at $1M, 32% SDE! Broker: Rob Lewis
Owner Financing is Available!
Owner will consider some level of Owner Financing.

Quick Facts

Asking Price: $799,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $325,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: 9
BBN Listing #: 94855795
Broker Reference #: Not Disclosed

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Business Overview:

Established 20 Years Italian Restaurant- Great Cash Flow

Locally famous Italian Restaurant established over 20 years. This small intimate bistro type restaurant is doing $1M a year in sales and shows a good $325,000 + cash flow for the owner. He is ready to retire and let the next generation enjoy the benefits of his hard work. He has excellent records to prove his numbers. If you want to walk into a well-established Italian restaurant and make a mid six figure income this is the best deal around. Seller will consider doing some financing.

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Reason for Selling:

Retiring.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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