Seller's Contact Information
- RE: Established Cozy Italian Restaurant With Potential
- Contact: Soloman Sasson
Quick Facts
| Asking Price: | $109,000 | |
| Annual Revenue: | $260,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $99,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 15,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1997 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 38372979 | |
| Broker Reference #: | 6104SS |
Business Overview:
Cozy, Italian restaurant in strip mall, established 20 years with potential seats60, equipment 2 to 4 years old, very good condition, plenty of parking in the strip mall-landlord will give good new lease. Ideal for owner/cook/operator. Growth potential by acquiring liquor license to sell wine, beer, & liquor. Advertise and market a website.
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Property Features and Assets:
Cozy, Italian restaurant in strip mall, established 20 years with potential seats60, equipment 2 to 4 years old, very good condition, plenty of parking in the strip mall- landlord will give good new lease. Ideal for owner/cook/operator.
Market Competition and Expansion:
None in area, pizza store next door. Acquire liquor license to sell wine, beer, & liquor. Advertise and market a website.
Reason for Selling:
Retiring- 70 years old.
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:
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