Established Popular Italian Restaurant

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Business Description

Well-established high-end Italian BYOB restaurant. The restaurant has many Zagat awards and is very well respected in the main line area. The business is open year round, every day but Monday, The business also has a steady private party clientele. The business could be expanded by new owners to serve lunch and brunch. The restaurant has a loyal customer base with repeat business for over 20 years. The business is located in Bala Cynwyd PA.,

About the Business

Year Established:
1998
Number of Employees:
5 FT/8PT
Facilities:
Absolute turn key. Show great and has all equipment furniture fixtures included.
Market Outlook/
Competition:
Famous niche restaurant
Growth & Expansion:
New owner can expand hours ect
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About the Sale

Reason For Selling:
Contact broker
Training/Support:
Seller will train and transition.

Listing Info

ID:
1475069
Ad Detail Views:
324
Asking Price:
$500,000

Gross Revenue:
$862,000
Cash Flow:
$225,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

David Weinstein M.B.A., P.M.A.A., CBB

THE ORIGINAL TANNENBAUM & MILASK (R)

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