3 Yr Authentic Italian & Pizza $800K Sales & Strong Profit.

Asking Price$800,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$814,520

Inventory$6,000
Included in asking price
FF&E$75,000
Included in asking price
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3 Yr Authentic Italian & Pizza $800K Sales & Strong Profit.


Asking Price$800,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$814,520

Inventory$6,000
Included in asking price
FF&E$75,000
Included in asking price

Seller Financing Available
Business Description
Authentic Italian
3 Yr Authentic Italian & Pizza $800K Sales & Strong Profit.

Are you ready to sink your teeth into a delicious opportunity? Look no further than this well-established Italian Restaurant located in Upstate South Carolina. With over 30 years of excellence in the industry and more than 3 years at the current location, this restaurant is a prime investment waiting for the right buyer. Situated on a bustling street in a rapidly growing town, this restaurant boasts a stellar reputation that draws in loyal customers day in and day out. Operating 6 days a week, this eatery is a beloved staple in the community, known for its authentic Italian cuisine and warm, welcoming atmosphere. What sets this restaurant apart is its strategic location amidst new housing developments and apartments, offering a captive audience of potential patrons. Despite its success, the business currently does little to no advertising, representing a significant growth opportunity for a savvy entrepreneur to capitalize on the demand in the area. The town's upcoming projects, including a stadium just a few miles away and an amphitheater nearby, promise to bring even more foot traffic and visibility to this already thriving restaurant. With the right marketing strategy, the potential for expansion and increased revenues is limitless. For aspiring restaurateurs and seasoned investors alike, this business presents a chance to step into a turnkey operation with a solid foundation and a dedicated customer base. The existing team of experienced staff is ready to support a new owner in continuing the tradition of excellence while exploring new avenues for growth. Don't miss out on this exciting opportunity to own a piece of culinary history in a town on the rise. Contact Ghazi Farhan (864) 884-4121 for more information and take the first step towards making this Italian Restaurant yours. He'll set up your personal tour. Act now and savor the taste of success with this remarkable business venture.
About the Business
Years in Operation
4
Employees
5 (5 Full-time)
Facilities & Assets
The location is over 3 years in business at it's current spot. The owner has been in business for more than 30 years. Well known reputation in the area for food, value and service.
Market Outlook / Competition
You'll find local chain pizza, but not the other traditional italian dishes this place is serving up. There may be Papa John's, Little Caesars and the like, BUT this place is by far the town favorite.
Opportunities for Growth
You'll love being on a very busy street in this very fast growing town. Your restaurant only operates 6 days a week. Surrounded by tons of new housing & apartments means lots of rooftops to bring you customers. The owner does very little to no advertising. And now the town is building a stadium and amphitheater close by. Add another day. Offer catering. Promote takeout and delivery services more. Employ Social Media and online advertising to grow sales and profits.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$2,400.00 per month
About the Sale
Seller Motivation
Retire
Transition Support
4 Weeks
Financing Options
Financing Amount $300.000,00 Interest 8% Terms Months 48 Monthly Payment $7.323,00
Listing Info
ID
2452089
Listing Views
39

Contact Seller

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Business Listed by: JT Jim Tatem Transworld Business Advisors of UpstateSC & AshevilleWNC

Listing ID: 2452089 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. See our full Terms of Use. Learn how to avoid scams.


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