Italian Restaurant 1589
Location: Florida > Seminole County
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $115,000
Gross Revenue: $260,000
Cash Flow: $52,000
Inventory: $3,000 (Included in Asking Price)
FF&E: $70,000 (Included in Asking Price)
Seller Financing: Loan/Seller Amt: $35,000 Mos: 36 Rate: 8.00 Mo Pmt: $1,096.77
Business Summary
OUTSTANDING SIT DOWN Italian Restaurant in Winter Springs, Florida. The restaurant has been in operations for over twenty (20) years and the owner--71 years old--is looking to retire. The restaurant has a full menu, prepares and sales a variety of special cakes (22) and caters food for special occasions. The restaurant has assets worth $73,000 and provides good Owners Benefit. The owner is willing to provide $35,000 in financing. Great opportunity for an energized entrepreneur. Please refer to listing #43901589 and ask for Fernando Simo when inquiring. Thank you!
About the Business
Year Established: 1988
Employees: 2 full time - 4 part time
Facilities: 2750 sqft. Building for $2,868 per month expiring on 7/31/2011.
About the Sale
Management Training and Support: Will train 2 weeks at no cost.
Reason For Selling: Retirement
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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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