Classic Italian Restaurant, Owner Absentee with Real Estate 2852

Asking Price$1,200,000

Cash Flow
$180,900
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$823,296

Inventory$6,000
Included in asking price
FF&E$80,000
Included in asking price
Real Estate$800,000
Not included in asking price
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Classic Italian Restaurant, Owner Absentee with Real Estate 2852


Asking Price$1,200,000

Cash Flow
$180,900
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$823,296

Inventory$6,000
Included in asking price
FF&E$80,000
Included in asking price
Real Estate$800,000
Not included in asking price
Business Description
Own a beloved Italian restaurant run by experienced absentee owners, offering authentic cuisine and a loyal customer base. This business includes prime real estate in a high-traffic location, providing a steady income stream and excellent growth potential. Perfect for investors looking to expand their portfolio, entrepreneurs seeking a profitable venture with minimal day-to-day involvement, or self-manage for increased profits. This business features fully equipped Italian restaurant with established reputation and prime real estate in a thriving area. The business is managed by trusted experienced staff, has solid financials, consistent revenue, and growth prospects with potential for expansion or redevelopment. This business is also a great candidate for SBA lending. Don’t miss this rare opportunity - Contact ANA Brokers today to learn more about owning a slice of Italy with commercial real estate!
About the Business
Years in Operation
8
Facilities & Assets
Despite the volatile economic climate in the last five years, the Single-Location, Full-Service Restaurant industry has displayed
resilience and adaptability. Unprecedented challenges brought by the pandemic and its associated economic recovery
introduced considerable shifts in consumer behavior early in the period, and many in the industry received government
assistance to weather those challenges. This was followed by robust domestic economic growth and increased consumer
spending in recent years.
Market Outlook / Competition
One of the kind in the area.
Opportunities for Growth
This U.S. industry comprises establishments primarily
engaged in providing food services to patrons who order and
are served while seated (i.e., waiter/waitress service) and pay
after eating. These establishments may provide this type of
food service to patrons in combination with selling alcoholic
beverages, providing carryout services, or presenting live
nontheatrical entertainment.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
2,700
About the Sale
Seller Motivation
Other business ventures
Transition Support
Training will be available by the current owners.
Listing Info
ID
2433431
Listing Views
4

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Business Listed by: ANA Brokers ANA Brokers

Listing ID: 2433431 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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