Italian Restaurant

Confidential, MD


Asking Price: Annual Revenue:
$350,000 $1,262,429

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant Broker: Mike Zarinbaksh
License #: 623381
Owner Financing is Available!

Quick Facts

Asking Price: $350,000
Annual Revenue: $1,262,429
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1989
Employees: 18
BBN Listing #: 344538656
Broker Reference #: MONTGMD006-N436

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Business Overview:

This is one of the most popular Italian restaurants with over 32 years of successful operation. in 2019 revenue was almost $2,000,000 and left $290,000 cash flow to owner. In 2018 revenue was almost $1,900,000 and owner made $298,000 cash flow. The business revenue like every other restaurant was impacted by COVID-19 in 2020 but it has been increasing nicely. Owner is selling this business with a discounted price and if it was not COVID in 2020 the business would have had a value over $750,000. Now this is a great opportunity for someone to take over this business and grow it to the level it was in 2019. there are over 135 seats plus outside seating and they serve Beer and Wine.

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Property Features and Assets:

Real Estate License ID: 623381

Reason for Selling:

Owner has other interest

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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