Beautiful New Restaurant For Sale, Partners Split Up

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Asking Price:
$175,000

Gross Revenue:
$500,000
Cash Flow:
$125,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
$200,000
included in asking price

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Business Description

If you are a chef AND HAVE YOUR OWN IDEAS! Now is your chance to get into your own business This is a Brand new Italian Pizza Restaurant, only 8 months old, the seller has 3 other Restaurants, and doesn't have the time to run this one. This Restaurant has a beautiful long bar and seats about 85. This Restaurant is fully staffed and is in need of a full time owner.

About the Business

Location:
Rockland, Maine
Year Established:
2018
Real Estate:
Leased
Building Sq. Ft.:
2,500
Facilities:
about 2500 sq ft 85 seats long beautiful bar the seller did a build out cost about $400,000 on a busy main road in a busy town
Market Outlook/
Competition:
Busy town and road, great location in a shopping plaza in Rockland County
Growth & Expansion:
The business needs a full time owner operator, This would be a great business for an experienced chef or Restaurant owner with their own ideas
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About the Sale

Reason For Selling:
The seller owns other Restaurants. This partnership didn't work out,
Training/Support:
the seller is willing to help negotiable.seller is offering good terms and willing to hold a note for the right person
Seller Financing:
seller is offering good terms and willing to hold a note for the right person

Listing Info

ID:
1626040
Ad Detail Views:
0

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Business Listed by

Capital Business Solutions

CAPITAL BUSINESS SOLUTIONS

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