Asking Price: $645,000

Gross Revenue: $509,352

Cash Flow: $131,660

Inventory: $2,000 (Included in Asking Price)

FF&E: $50,000 (Included in Asking Price)

Real Estate: $500,000 (Included in Asking Price)

Seller Financing: With the real estate, financing should not be a problem for a qualified buyer.

This is a rear opportunity to own a wonderful Italian restaurant with great food, a loyal following, and many prospects for improvement. This opportunity includes purchase of a 6,500 square foot building on a heavily traveled state highway less than two miles from a prominent industrial park in one direction and a large commercial business and office area in the opposite direction. The building grosses $75,000 of rental income from apartments and commercial space and including the restaurant. In this area, it will appreciate greatly in the coming years. Full dining restaurant, pizza and take out, great location, own the building, opportunities for growth, room for expansion, real estate apprecialtion. This has it all!!

Year Established: 1980

Employees: 16 full time - 12 part time

Facilities: Restaurant has seating for 110, field stone wall, skylights and chandeliers. Full kitchen includes two stoves with 24 burners, two pizza ovens, walk-in and other refrigerators, walk-in box with freezer, steam tables, wine and beer taps.

Market Outlook and Competition: : There are many opportunities for growth including offering pizza delivery, expanded lunch delivery and catering, opening on Sundays, adding a service bar or lounge, and expanding the seating. By owning the building, you control the rents and expansion. you also build equity rather than filling a drawer with rent receipts

Management Training and Support: Seller will stay for up to two weeks for training purposes.

Reason For Selling: Sellers are retiring.