220430-TS 50 year established Italian Restaurant

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Profitable! Expandable! Established! Growth Potential!
Asking Price:
$305,000

Gross Revenue:
$650,000
Cash Flow:
$97,500
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$250,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Fantastic opportunity to own an established Italian restaurant in a prime location. With 50 years in business and 14 years in the same corner location on a major road this is a turn key opportunity for a new owner. With over $200,000 in kitchen equipment, $200,000 in build out, large outdoor seating, and a banquet room for parties this won't last long. Proven success spanning 5 decades means a new owner will not have to be concerned about turnover, and a proven formula and menu means you can come in and start making money immediately.

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About the Sale

Reason For Selling:
retiring
Training/Support:
2 weeks

Listing Info

ID:
1624114
Ad Detail Views:
0

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Business Listed by

Tommy Salmani

Transworld Business Advisors of Richmond VA

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Sponsoring Broker:

Transworld Business Advisors CEO, Rupesh Bharad
Transworld Business Advisors of Richmond VA

U.S. Census Data for Chesterfield County, VA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Chesterfield County, VA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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