Asking Price: $125,000 Gross Revenue: $560,817Cash Flow: $50,031 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Currently offering a fine selection of authentic Italian entrées, appetizers, salads, desserts and wines. Full liquor license.
Dine-in, carry-out and catering.
Beautifully appointed interior. Cozy atmosphere. Warm and inviting ambiance. Features soft colors, intimate lighting, lovely furniture and gorgeous stacked stone walls.
Fully equipped kitchen. Turn-key!
All recipes included in the sale. Family owned and operated with the same owners for 17 years!
If you love to cook and want to own your own restaurant, this is the place for you!!
Prime retail space in a large busy shopping center on Palatine Rd with high visibility, excellent traffic counts and strong demographics. Surrounded by many homes. Ample parking.
Feel free to stop by the location as a customer first. This is a highly confidentially listing, please do not discuss with patrons or employees. If interested, contact EatZ for more information. Showings by appointment only.
Listed by Pat Mahoney at EatZ & Associates
About the Business
Number of Employees:
3 + Family
Building Sq. Ft.:
$4,170.00 Per Month
Leased space $4,170/mth gross. Current lease expires in 2019. Flexible landlord.
Square Feet: 1,600.
Days/Hrs of Operation: Mo-Th 4p -9:30p & Fr-Sa 4p -10p.
Value Of FF&E: Included in Asking Price.
Modern Italian cuisine. Use only the freshest ingredients. Homemade Italian recipes. Known for their wonderful food, wine and ambience, as well as outstanding friendly service. One of the best Italian restaurants in the suburbs. Great neighborhood spot.
Growth & Expansion:
Local favorite. A real gem. Loyal customer base. Lots of regulars. The go-to place for delicious homemade Italian cuisine. Highly rated and recommended, great reputation to continue to build upon!
Family Owned Italian Restaurant Chicago NW Suburb - Highly Recommended
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
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