Business For Sale

Beautiful Italian Restaurant

Not Disclosed, CA
San Luis Obispo County

San Luis Obispo County


Asking Price: Annual Revenue:
$250,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Beautiful Italian Restaurant Broker: Steve Zimmerman

Quick Facts

Asking Price: $250,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $156,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 225811533
Broker Reference #: 2815

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Business Overview:

Beautiful Italian Restaurant Located Close To The Ocean Of This Well Known Coastal City

RRC#: 2815
Asking Price: $250,000
Location: San Luis Obispo County, San Luis Obispo County, California
Yearly Revenue: $1,500,000
Yearly Cash Flow: $156,000
Monthly Rent: 5,600 inclusive

LISTING DESCRIPTION:
Charming Italian restaurant, consistent money-maker, that has been serving authentic Italian cuisine since 2006. Sales over $1.5 million in 2016 only being open 6 days/week. Closed Mondays. This year on track to do more sales. Cozy and intimate with seating for 70.. Beer and Wine License included, Popular for elegant banquets and the more casual lunch and dinner parties. Fully equipped kitchen with Fire Suppression Hood. Detailed equipment list is available. Perfect family business. Great location !!! Surrounded by many Wineries many Bed & Breakfasts many Hotels RV Parks. Exploding tourist region nearby schools, as well as being a favorite with steady local regulars. Opportunity is knocking. Fill out a Non-Disclosure Agreement located at the top of the page to get more information and a complete equipment list Call today......... Must see this opportunity to live and work in one of the most beautifull cities on the California Coast.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2006 | Current Owner: 2006 | Seating: 70 | Square Footage: 2000 | Licenses Required: Business-Health-ABC beer/wine | Days Open/Hours: open 6 days lunch / dinner closed Mondays | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,500,000 | Yearly Cash Flow: $156,000 |

LEASE INFORMATION:
Monthly Rent: 5,600 inclusive | Lease Expiration: 2022 | Lease Option: one 5 year option | Security Deposit: 5,500 |

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.

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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