Well Established Neighborhood Italian Restaurant

Not Disclosed, CA
Ventura County

Asking Price: Annual Revenue:
$275,000 $885,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Well Established Neighborhood Italian Restaurant Broker: Seller of Business

Quick Facts

Asking Price: $275,000
Annual Revenue: $885,000
Net Profit: Not Disclosed
Cash Flow: $88,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 429611533
Broker Reference #: 3431

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Business Overview:

Established in 2012, this restaurant has a loyal customer base and great lease terms. Plus beer/wine license.Customers experience tastes from the Old Country with their Authentic Italian Cuisine. Consistently profitable with room to grow. Passion for great Italian food inspired the owners to create this bistro. The establishment serves the finest in traditional and eclectic Italian dishes, which includes unbelievable soups, appetizers, pastas, risotto, and delicious entrees. Desserts are all homemade and yhe extensive wine list features selections you won’t find anywhere else in Simi. The authentic Italian food is tasty, the atmosphere is cozy, the staff is friendly, and the prices are reasonable. The chef has more then 30 years of experience cooking fine Italian cuisine. Full service catering for special events such as bridal showers, weddings, corporate events, family gatherings help drive increased revenue. RRC#: 3431

General Information:
Organization: Corporation
Established: 2012
Current Owner: 2012
Employees: 15 PT
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $74,000
Monthly Cash Flow: $7,300
Annual Revenue: $885,000
Annual Cash Flow: $88,000
Payroll: $17,000
Monthly Revenue: $74,000
Monthly Cash Flow: $7,300

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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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