Business For Sale

Well Established, Profitable Italian Restaurant

Not Disclosed, CA
Santa Cruz County


Asking Price: Annual Revenue:
$395,000 $1,606,344

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Well Established, Profitable Italian Restaurant Broker: Steve Zimmerman

Quick Facts

Asking Price: $395,000
Annual Revenue: $1,606,344
Net Profit: Not Disclosed
Cash Flow: $157,668
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 790311533
Broker Reference #: 3077

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Known for its locally sourced seasonal produce and seafood, this well- equipped Santa Cruz County restaurant is located in a free standing building with its own 35 space parking lot. Established in 1987, they moved to a new location in 2012 and spent over $200,000 on new kitchen equipment, furniture and renovations. In addition to the main dining area, there is a separate room that is used for private parties. There is an attractive bar the business has a type 47 ABC license. Currently open for diner only on the weekends, there is an upside to increase revenue by extending restaurant hours. The sellers are ready to retire after over 30 years in the restaurant business. They're motivated to sell and will offer financing to a qualified buyer. NO BROKER COOP. RRC#: 3077

GENERAL INFORMATION:
Organization: Not Available | Year Established: 1987 | Current Owner: 1987 | Employees: Full Time:7, Part Time:22 | Seating: 85 | Square Footage: 2,574 | Parking: parking lot | Licenses Required: Health permit, food safety, ABC Type 47 | Days Open/Hours: Mon-Thurs 11:30-2pm & 5-9:00pm Fri 11:30-2pm Sat 5-9:30pm Sun 5-9pm | Reason For Sale: Retirement.

FINANCIAL INFORMATION:
Yearly Revenues: $1,606,344 | Yearly Cash Flow: $157,668.

LEASE INFORMATION:
Monthly Rent: $8,068 NNN $970 | Lease Expiration: 2/28/2026 | Yearly Adjustment: 3% year except 1st year | Lease Option: (1) 5 year option | Security Deposit: $12,870.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

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

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!