30 Year Established Restaurant in Affluent South Shore

Asking Price$450,000

Cash Flow
$212,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$850,000

InventoryNot Disclosed

FF&ENot Disclosed

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30 Year Established Restaurant in Affluent South Shore


Asking Price$450,000

Cash Flow
$212,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$850,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
HS Listing ID-67846

This is an exceptional opportunity to acquire a profitable, owner-operated Italian restaurant with a 30-year legacy. With a brand new lease available and an impeccable kitchen, the business is a perfect fit for a new owner looking to either build upon its strong reputation or capitalize on the prime location to launch a new brand. Closed on Sundays and major holidays.


Overview:

Revenue (2024): $850,000

Net Profit (2024): $212,000

Business Highlights:

Established 30 years

In heart of Southshore with a lot of foot traffic

Space is 1600 sqft

Sits 65 people

Owner operated

Fully staffed

Brand new lease will be given

Full basement

Beer and wine license

Closed Sundays & Major Holidays

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,600
Rent
$6,500.00 per month
About the Sale
Seller Motivation
Other business interests.
Transition Support
Yes.
Listing Info
ID
2422115
Listing Views

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Business Listed by: Fernando Recinos Hedgestone Business Advisors

Listing ID: 2422115 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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