Business For Sale

Italian Restaurant On Busy Boulevard

Encino, CA
Los Angeles County


Asking Price: Annual Revenue:
$69,000 $360,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant On Busy Boulevard Broker: Seller of Business

Quick Facts

Asking Price: $69,000
Annual Revenue: $360,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 633011533
Broker Reference #: 3028

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Business Overview:

Established in 2003, this restaurant has a loyal customer base and great lease terms. Beer/wine license. While this restaurant specializes in northern Italian food, they also offer a number of classic dishes like Gnocchi Marinara and Penne Alfredo. Using use fresh ingredients, and organic whenever possible (milk, coffee, chicken, eggs, greens, and more). Also offered is a variety of items for vegetarians, vegans, and those with special dietary needs. For those on a gluten-free diet, gluten-free pasta made from brown rice flour. Dinner specials change often to reflect one of Italy’s twenty glorious regions — so there’s always something to look forward to! Equipment includes: 8’ hood, 6’ hood, Two Bev Air refrigerators (3 door & large), True cooler 3 door, freezer, tankless water heater, wine cooler, POS system, surveillance camera, sound system, Victoria Expresso Maker, Scotsman CU 50 ice maker, Baker’s Pride pizza oven and much more. RRC#: 3028

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2003 | Current Owner: 2003 | Employees: 9 PT/2 FT | Seating: 54 - can add more | Square Footage: 2000 | Parking: Street, back lot | Licenses Required: ABC license, health permit | Days Open/Hours: Tues-Sun 5:30 P - 10 P | Reason For Sale: Other Interests.

FINANCIAL INFORMATION:
Yearly Revenues: $360,000 | Payroll: $5,500

LEASE INFORMATION:
Monthly Rent: $4,499 | Lease Expiration: 7/2020 | Lease Option: Option to renew | Security Deposit: $6,000.

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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.

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