Highly Successful Italian Restaurant & Pizzeria

Asking Price$475,000

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$21,000
Included in asking price
FF&E$310,000
Included in asking price
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Highly Successful Italian Restaurant & Pizzeria


Asking Price$475,000

Cash Flow
$200,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,000,000

Inventory$21,000
Included in asking price
FF&E$310,000
Included in asking price
Business Description
A highly profitable, impeccably maintained facility offering an opportunity to a new owner the ability to walk in to a soundly established restaurant. This restaurant is a meeting place for Who's Who in a wonderful neighborhood as though it was a member's only club. The ambiance, helpful and friendly staff, and Award Winning Italian cuisine guarantees a wonderful evening for Family, Friends and always returning guests. Potential to own this business with only 10% down + costs using SBA funding to a qualified Buyer.
About the Business
Years in Operation
11
Employees
19 (4 Full-time, 15 Part-time)
Facilities & Assets
Furniture, fixtures & equipment impeccably maintained. Total seating capacity 120. Outside covered dining. Telephone number, website and recipe book. More than adequate off street parking and signage. Currently open Wednesday through Sunday 11:00 am - 9:00 pm. Closed Mondays and Tuesdays.
Opportunities for Growth
Ability to expand hours of operation and increase sales by 30%. Current business is growing with new customers weekly.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,153
Rent
$7,235.00 per month
Lease Expiration
10/31/2026
About the Sale
Seller Motivation
Owners Retiring
Transition Support
4 weeks
Financing Options
SBA financing available - 10% down plus costs to a qualified buyer
Listing Info
ID
2443396
Listing Views
47

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Business Listed by: Robert Foley

Listing ID: 2443396 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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