Seller's Contact Information
- RE: Price Reduced - Profitable, Turn Key Italian
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $275,000 | |
| Annual Revenue: | $640,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $223,908 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1941 | |
| Employees: | 5 | |
| BBN Listing #: | 700811533 | |
| Broker Reference #: | 4590 |
Business Overview:
Long Established & Highly Profitable, Modern Italian Restaurant with Large Covered & Heated Patio. Central Bellflower, LA County. RRC# 4590 Location: Central Bellflower - Los Angeles County Description: SBA loan Pre-Approved & highly successful Italian restaurant priced at $275,000. Absolutely Turn Key with Zero repairs and maintenance needed. Annual profits of $200,000+ and completely renovated as new. Corner location with Bar, ABC Type 41 beer and wine license, large covered and heated patio. The restaurant has an excellent reputation for Homemade Pasta & Authentic Pizza and is the only quality Italian restaurant in the area. The landlord is also the current owner and wishes to retire while retaining ownership of the property and a very fair rent will be offered. The Kitchen is spotless and truly state of the art. Completely stainless steel throughout with a 10ft Type 1 hood with fire suppression system, large Pizza oven, deep fryer, 6 burner stove with under stove refrigeration draws and large stock-pot burner. The kitchen Pizza service area has the homemade Pasta machine and separate cold prep ‘Mise en Place’ area. Other Toys include Hoshizaki/Foster 400lb bin ice machine, 20 qt floor standing mixer, dishwash machine and stainless- steel tabletops and sinks,
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Property Features and Assets:
Facilities:
Square Feet: 1,775 + 875 Covered & Heated Patio
Seating: 65 Indoors + 50 Patio
Parking: Large Parking Lot
Licenses: ABC Type 41, Health & Business Licenses
Days/Hours of Operation: 12Noon - 8.30pm Daily
Market Competition and Expansion:
General Info:
Ownership: Sole Proprietorship
Established: 2011
Current Owner: 2011
Employees: 2 + 3 PT
Reason For Sale: Other Interests
Monthly Rent: $4,500 +NNN - New Lease Negotiable
Expiration: 2028 plus New Lease 5 yr option Negotiable
Reason for Selling:
Other Interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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