Italian Restaurant & Bar

Asking Price$500,000

Cash Flow
$281,962

EBITDA$291,962

Gross Revenue$1,688,925

Inventory$12,000
Not included in asking price
FF&E$150,000
Included in asking price
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Italian Restaurant & Bar


Asking Price$500,000

Cash Flow
$281,962

EBITDA$291,962

Gross Revenue$1,688,925

Inventory$12,000
Not included in asking price
FF&E$150,000
Included in asking price
Business Description
Profitable Italian Restaurant with bar
A culinary landmark and Step into a legacy that began 1960 , this Italian Restaurant & Bar offers a unique opportunity to own a thriving and profitable business. Known for its authentic Italian cuisine, impeccable service, and inviting ambiance, it has become a part of the community. Located Close to 10 Fwy , Low Rent , the restaurant enjoys high visibility and convenient access, attracting clientele from the surrounding affluent neighborhoods. The spacious 2200 sq. ft. guests indoors and an additional patios. With a proven track record of exceeding $1.7 M in annual revenue and $280K+ in Seller's Discretionary Earnings, and a dedicated staff of 15+, the restaurant is poised for continued success.This is an Absentie Own Business
About the Business
Years in Operation
14
Market Outlook / Competition
Great Sales, Increasing every Year
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,200
Rent
$3,500.00 per month
Lease Expiration
11/24/2030
About the Sale
Seller Motivation
Pursue other Business
Transition Support
Four Weeks Training
Listing Info
ID
2417774
Listing Views

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Business Listed by: Wasim Rahman TNW BUSINESS BROKERS

Listing ID: 2417774 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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