Italian Restaurant - South Puget Sound Business For Sale in Washington

Italian Restaurant - South Puget Sound

Asking Price:	$125,000	Inventory:	$12,000 **
Gross Revenue:	$527,210	Real Estate:	n/a
Cash Flow:	$1 (comments below)	FF&E:	$50,000 ++
++ included in the asking price not** included in the asking price
Cash Flow Comments: negative cash flow contact broker for details

Italian specialty restaurant serving old world quality gourmet menu options. There is a beer and wine license in place. Seating for approximately 128 in the dining-lounge areas. Approximately 3,750 sf, street parking. There are 7 full time plus 2 part time employees including owner-manager. The seller is willing to consider terms to a qualified buyer with $100,000 down. The balance at $2,000 / mo to include 8% annual interest. Lease is approximately $5,500 per month including triple net charges. Contact broker for more information

About the Business

Year Established:2001

Employees:7 full time - 2 part time

About the Sale

Management Training and Support:Seller willing to train and assist in transition for a limited period of time from date of closing

Reason For Selling:To manage care of young family

Seller Financing:All cash or terms as are acceptable to seller. Contact broker for details

KEYWORDS: Italian Restaurant, Pizza, Pasta, beer and wind license, gourmet ethnic food, Chef owner

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Business Listed By
Richard A. Swift, Designated Broker \| McMurry & Swift, Inc. View All of My Listings


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