Business Overview:
SELLING PRICE: $395,000 …firm DOWN PAYMENT: $125,000
however, the seller will take $300,000 in an all cash deal.
SALES VOLUME: strong $31,000 - $33,000/week % Delivery: approximately 20%...mostly P/U
LEASE: $10,000/month. (includes NNN)…only 7% of sales Years LEFT: new lease available
SQUARE FOOTAGE: approximately 3,000 square feet.
HOURS OF OPERATION: 7 days, mostly 4 – 10 PM
SEATING: (inside 101 seats) (outside 50 seats)
REASON FOR SELLING: retiring.
COMMENTS: Rarely do you find such a beautiful restaurant in an affluent area known for their fabulous Italian food and pizza. Great visibility, huge parking lot, and easily worked kitchen. No deferred maintenance. NETS OVER $250,000/year
Contact Sue.
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:
Pristine build-out...open kitchen. Popular bar...with a pop-up large patio outside.
You need to see this if you're a serious operator.
Market Competition and Expansion:
None
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.
Relevant Links: