High Profit Specialty Italian Restaurant

Not Disclosed, CA

Asking Price: Annual Revenue:
$425,000 $951,526

Food & Beverage: Restaurants, Fast Food, Deli

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RE: High Profit Specialty Italian Restaurant Broker: John Lastra
License #: 9213
Owner Financing is Available!

Quick Facts

Asking Price: $425,000
Annual Revenue: $951,526
Net Profit: Not Disclosed
Cash Flow: $230,285
Total Debt: Not Disclosed
FF&E: $70,400
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 48022818
Broker Reference #: Not Disclosed

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Business Overview:

The Italian Restaurant was established in the early 1970’s and has continually operated as a family owned made from scratch Italian restaurant since its inception. The business has an established reputation for being the leading specialty scratch made Italian restaurant in Albuquerque, NM. To assure consistency and quality all recipes are documented and closely followed.

The restaurant is the leader in Gluten-Free food preparation and is again, a Pioneer in this field. Gluten-Free recipes were developed and brought to the menu and are strictly proprietary.

The restaurant is open for dinner seven days per week starting at 5:00pm, performs special scheduled catering events and also produces and sells “its proprietary traditional marinara sauce” in the restaurant and from select area retail stores.

The Italian Restaurant to include all furniture, fixtures, and equipment, $6,500.00 of product inventory, trade name, covenant not to compete and training is offered for sale for $425,000. It is anticipated that the Seller will finance 10% of the sales price and SBA guaranteed bank financing would be available for the business purchase price with a buyer down payment of approximately $42,500. Additionally the real property in Albuquerque, New Mexico is for sale for $ 850,000 and SBA guaranteed financing would be available for the real estate purchase with a buyer down payment of 10%

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 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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