Business For Sale

Low Overhead, Strong Income, Italian Restaurant

Not Disclosed, WA
King County


Asking Price: Annual Revenue:
$990,000 $1,949,331

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Low Overhead, Strong Income, Italian Restaurant Broker: Kevin Moen

Quick Facts

Asking Price: $990,000
Annual Revenue: $1,949,331
Net Profit: Not Disclosed
Cash Flow: $510,846
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 11
BBN Listing #: 227252112
Broker Reference #: 31861-687711

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Business Overview:

Here fine food and wine are a way of life. All dishes are prepared with passion and tradition, using only the freshest, highest quality real Italian ingredients. Charismatic Italian family ownership brings a classic atmosphere to the restaurant where everyone is part of the family. A quality menu with many family recipes and a top unique wine list including wines produced by the family.

Genuine Italian restaurant booked to capacity, with strong online reviews, incredible sales per square foot, and management in place. With a seating capacity of 30, average ticker per PERSON of $89, and two turns of the restaurant nightly, 3 turns on weekends, the demand is here for this restaurant. Owner opens and preps the restaurants daily for 2 hours, manages the restaurant 3 days per week for 8 hours. Restaurant is run by a husband and wife team, wife income not added back in financials to reflect ability to hire additional manager through cash flow of the business.
Strong sales, incredible bottom line, and a seller looking to head back home leaving you an incredible opportunity to buy a restaurant producing strong profits with small overhead.

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Property Features and Assets:

Husband and wife team, wife salary not added back to reflect ability to hire another manager from business cash flow. Owner preps restaurant daily from 2-4pm. Owner manages restaurant 3 days a week, 8 hour shift.

Market Competition and Expansion:

Competitors in the market do not prevent this restaurant from being at capacity most all nights. Expand hours to open on Mondays. Increase marketing efforts. Increase pricing of menu.

Reason for Selling:

Relocating

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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