Business For Sale

Well Reviewed Full Service Italian Restaurant

Not Disclosed, NC
Guilford County


Asking Price: Annual Revenue:
$449,000 $1,013,762

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Well Reviewed Full Service Italian Restaurant Broker: Joe Santora

Quick Facts

Asking Price: $449,000
Annual Revenue: $1,013,762
Net Profit: Not Disclosed
Cash Flow: $226,008
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 14
BBN Listing #: 899251612
Broker Reference #: 76761-363625

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Business Overview:

Act fast or someone else will.

This long standing full service Italian restaurant in Greensboro, NC is serving up traditional Italian dishes and providing catering services.

Excellent location

Strong growth potential

Full service restaurant with dining area, full bar, bar seating, and private dining room

Seating for approximately 150 +/-

Beer, Wine, and Liquor License

Phenomenal online reputation

Loyal customer base

Consistent revenue history in the $900,000 - $1million range

2018 projected SDE over $225,000

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Property Features and Assets:

Established for 12 years in it's current location for over 6.

Market Competition and Expansion:

Strong growth potential.Revenue is strong even with owners scaling back for retirement. Opportunity for expansion of hours, opening for lunch, increase in catering business and private parties, advertising, social medial marketing, partnering with companies like Uber Eats and DoorDash.

Reason for Selling:

Retiring.

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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