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Real Estate Included in Successful Italian Restaurant
| Asking Price: | $800,000 | Inventory: | $400,000 ++ |
| Gross Revenue: | $700,000 (comments below) | Real Estate: | $750,000 ++ |
| Cash Flow: | $300,000 | FF&E: | $100,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Could be more with home delivery and open on Sundays | |||
Most Famous Italian Restaurant for 70 MilesAwesome Authentic Southern Cuisine Sit Down Table cloth Restaurant - (with lines around the corner in the summer - hand made pizzas,) quality family restaurant - very successful..with Entertainment, dancing, Texas Holdem Nights, Weddings, Events, Bar..Meeting Room. You would be buying the Good Will, Name, Restaurant, all of the Equipment, the Real Estate, ...well established for 16 years - liquor license - future bookings in place - dance floor, banquets, weddings, Catering business included in sale with catering trailer - owners family and staff want to stay to cook/work continue on..
About the Business
Year Established:1992
Employees:5 full time - 5 part time
Facilities:Dance Hall, 2 eating area rooms, conference room, outdoor gazebo and al fresco dining, catering business,
Market Outlook and Competition:No Competition like this for 70 miles
About the Sale
Reason For Selling:Retiring
Seller Financing:Owner will hold $500,000 in 2nd Mtg. if purchaser has strong/good credit report
KEYWORDS: Real Estate of 2 acres plus 5500 sq ft. bldg. - Very Successful - Nice Table Cloth Italian Restaurant with ambiance, Catering Business, Music, Liquor License, Dance Hall 5 bathrooms, apartment above..All Equipment, Inventory, Future Bookings, Trade Name, Good Will, 16 Yr. Reputation and existing recipes and staff (no sense re-inventing the successful wheel)...
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State: Virginia
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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