Just Authentic Italian Food - 50% Growth over 2008
| Asking Price: | $385,000 | Inventory: | $2,800 ++ |
| Gross Revenue: | $480,000 | Real Estate: | n/a |
| Cash Flow: | $160,000 | FF&E: | $45,650 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This restaurant founded in 2006 has already established a reputation for authentic and fine Italian dining by consistently delivering high quality food and beverages at reasonable prices. The entrees are expertly prepared by a well-trained and experienced staff. This restaurant offers full bar service that includes an excellent wine selection. Located in the heart of the “dinning district”, in this University of Georgia community, the restaurant seats 75 plus additional seating for 7, at a distinctively designed bar. Only three years in existents, the restaurant is already generating very strong sales and earnings with a 23.5% compounded annual percentage growth rate. Customer’s give rave reviews: “A little piece of Italy”; “Best lasagna ever”; “Great restaurant top to bottom”; and “Oh so good”. Owner is returning to Italy. A very favorable lease rate. For further information, please contact Mike Togneri (770.487.8055 x.102) or visit www.vrsatlanta.com.
About the Business
Year Established:2006
Employees:5 full time - 8 part time
Facilities:3500 square feet in prime location in "dinning district".
Market Outlook and Competition:Solid continue growth. No slow economy here.
About the Sale
Management Training and Support:2 Weeks at no additional charge
Reason For Selling:Returning to Italy
Seller Financing:Will consider to qualified buyer
KEYWORDS: food, restaurant, italian, authentic, bread, experienced,
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