Price Reduction - Successful Italian Restaurant

Not Disclosed, CA
Sacramento County

NE Sacramento


Asking Price: Annual Revenue:
$325,000 $732,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Price Reduction - Successful Italian Restaurant Broker: Steve Zimmerman
License #: 01310250

Quick Facts

Asking Price: $325,000
Annual Revenue: $732,000
Net Profit: Not Disclosed
Cash Flow: $156,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 13
BBN Listing #: 290511533
Broker Reference #: 4116

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Business Overview:

Price Reduction - Successful Italian Restaurant–Envious Reputation - Fair Oaks near Sacramento

RRC#: 4116
Asking Price: $325,000
Location: NE Sacramento
Annual Revenue: $732000
Annual Cash Flow: $156000
Monthly Rent: $6,000 inclusive NNN
Expiration: January 31st 2025

Listing Description:
The Price has been reduced for this profitable, stylish Italian restaurant, centrally located in Fair Oaks near Sacramento. Owner has built an envious reputation in just 3 years at the present location, he was located in Folsom for many years prior. The owner is ready to retire and return to his home country of Italy. All recipes, Website, Intellectual property, Quality fitted Kitchen and Goodwill included. 2021 saw revenues of $750,000 producing 21% owner’s income, opening hours from 4pm-9pm only. 70 seats indoors with a further 18 on the patio. Some Kitchen equipment includes 10ft type 1 hood with fire suppression system, stoves with ovens, convection oven, fryers, walk-in, 2 pizza refrigerators and an abundance of mixers, freezers, steam table & pots and pans. Quality Pizza, Pasta, Seafood and authentic Meat dishes.
See a couple of recent consumer reviews and see the 2021 financials below.
To receive more information and discuss this opportunity with the Broker along with the Broker’s connections for a long-term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
“1/27/2022
For 25 people to go for a party and it was phenomenal everyone raved about the food it was ready when we came. Very friendly professional staff couldn't be happier we will definitely be back, thank you so much.”
‘12/12/2021
The wild boar Osso Bucco could not have been better. The lobster raviolis have me dreaming about a rematch. We have been twice & plan to return often.’
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & comprehensive list of equipment included with the sale. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.

General Information:
Organization: Inc
Year Established: 2004
Current Owner: 2019
Employees: 13
Reason For Sale: Retirement

Financial Information:
Monthly Revenue: $61,000
Monthly Cash Flow: $13,000
Annual Revenue: $732,000
Annual Cash Flow: $156,000
Annual Payroll: $154,000

Facilities:
Square Feet: 2,700 + 800 Patio
Seating: 70 + 18
Parking: Ample Parking Lot
Days/Hours of Operation: 4.00pm - 9.00pm Daily

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Square Feet: 2,700 + 800 Patio Seating: 70 + 18 Parking: Ample Parking Lot

Reason for Selling:

Retirement

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.

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