Highly Profitable Ret. ONLY OPRN 5HRS A DAY

Asking Price$350,000

Cash Flow
$174,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$729,476

Inventory$7,000
Not included in asking price
FF&E$12,620
Included in asking price
Real EstateNot Disclosed

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Highly Profitable Ret. ONLY OPRN 5HRS A DAY


Asking Price$350,000

Cash Flow
$174,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$729,476

Inventory$7,000
Not included in asking price
FF&E$12,620
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Highly profitable full-service restaurant. It’s all 5 stars here: fully equipped kitchen and beautifully decorated dining area with all the bells and whistles. Established with a happy customer base of about 3,500. Great high-traffic downtown location and plenty of free parking.

The size is a spacious open floor plan of 2400 square feet, which is ideal for live entertainment. And with this fully equipped kitchen you can offer just about any food concept you want, but hey if you keep the same cuisine concept you could be making a lot of sweet (sales) from day one.

This restaurant even has a pizza oven in the kitchen. Currently serves delicious Italian food but doesn’t focus on selling pizzas so pizza dough ($$$) may a good way to expand on the 5 star sales rating here.

Sales are about $60,000 per month with a high six-figure annual net income, all accomplished with just serving dinner. This fine dining restaurant is only open 4 PM – 9 PM and closed on Mondays. This restaurant is on a main high traffic street so I’m thinking definitely some lunch money (lunch sales) are being missed out on.

Has seating for 90 with an additional 25 outside seating offered. Small town feel and appeal. This business plan is all streamlined for you, and it’s part of the valuable training offered here. Even the lease here is something not to worry about as it is very reasonable with a lot of life left on it.

Established Italian restaurant, profitable, great lease and fully equipped lots of good things to say about this restaurant give us a call if you want to hear more.
About the Business
Years in Operation
3
Employees
9
Facilities & Assets
Monthly lease is $4,475 with the Triple Net included. Lease expires in June of 2029 and has an option to extend the lease. Has 2,400 square footage, beautiful furniture and fixtures, fully equipped kitchen with a type 1 hood system, pizza oven, and a lot of extra storage space. Lots of free street parking, has employee parking behind this restaurant.
Market Outlook / Competition
This Italian restaurant is already making great sales but only serving dinner Tuesday thru Sundays. Lunch money is being missed out on, this restaurant also has a pizza oven that a new owner may want to focus on more pizza sales. About 20% of the sales here are from 3rd party delivery. Does serve brunch on the weekends.
Opportunities for Growth
This Italian restaurant is already making great sales but only serving dinner Tuesday thru Sundays. Lunch money is being missed out on, this restaurant also has a pizza oven that a new owner may want to focus on more pizza sales. About 20% of the sales here are from 3rd party delivery. Does serve brunch on the weekends.
About the Sale
Seller Motivation
Seller wants to pursue other business interests
Transition Support
Seller willing to give in-depth training to new owner
Financing Options
With 60% cash down at closing is strictly a case by case basis
Listing Info
ID
2324005
Listing Views
1041

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Business Listed by: David Smith The Agency NW Real Estate

Listing ID: 2324005 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.