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- RE: Italian Restaurant In Great Location - $40k Down!
- Contact: Julia Harrison
- License #: SL3525070
Quick Facts
Asking Price: | $349,000 | |
Annual Revenue: | $604,243 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $167,251 | |
Total Debt: | Not Disclosed | |
FF&E: | $70,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 9 | |
BBN Listing #: | 292935435 | |
Broker Reference #: | 4110-00400 |
Business Overview:
An amazing opportunity to acquire a well established authentic Italian restaurant.
Located in the tourist center of Kissimmee on a popular and busy road, in an area experiencing rapid growth. The restaurant is surrounded by residential developments and vacation resorts attracting both locals and tourists alike, with new projects continually being built.
With the option to extend operating hours this business provides massive growth potential and offers an invaluable opportunity to a new owner.
This restaurant has an impressive 30 year history and has gained a fantastic reputation boasting 1442 Google reviews with a 4.3 rating, 864 Trip Advisor reviews with a 4 rating and is ranked #46 out of 452 restaurants in Kissimmee on Trip Advisor. Should qualify for an E2 visa.
SBA Lender Pre-Qualified
Buyer Down Payment of $40,000
Loan Term: 10 Years, 5 years fixed rate
Rate: P 1% (9.50% present rate)
Monthly Loan Payment: $4,257
Small Business Administration financing is subject to the qualification of individual buyers. This business has not been directly reviewed by the SBA.
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Property Features and Assets:
Fully equipped, turnkey ready restaurant with seating for 70 customers.
Reason for Selling:
Retirement
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
Relevant Links:
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