Italian Restaurant & Bar

Asking Price$299,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

Real Estate$900,000
Not included in asking price
listing imageSave

Italian Restaurant & Bar


Asking Price$299,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

Real Estate$900,000
Not included in asking price

Seller Financing Available
Business Description
This is a great opportunity to own well established, beautiful, Italian Restaurant Bar in Suburban Wayne County! This free-standing Restaurant Bar is located on a hard corner surrounded by plenty of residential and commercial properties with endless growth possibilities. Recently remodeled and showing beautifully, this restaurant has accommodating seating for 86 indoors along with a beautiful wrap around patio accommodating seating for 88 outdoors. All kitchen equipment is in excellent condition and serviced/maintained regularly. New Pizza Brick Oven just recently installed! Menu consists of Pasta, Brick Fired Pizza, Chicken Entrees, Seafood Entrees, Appetizers, Salads, Soups, Desserts and so much more. Full sit up bar with nice diverse selection of Cocktails, Wine, Liquor and Beer. Current owner does not advertise… a new owner/operator with some creative advertising/marketing along with adding catering and deliveries, drink & happy hour specials, along with dinner & lunch specials, you have HUGE potential. A must see/must have business that will not disappoint! Can be easily converted to any food concept. Turn-key operation only needing a new owner/operator. Seller will entertain all reasonable offers and train new owner! Call Armen Nazarian Business Brokers
*Business & Property must be bought together.
About the Business
Years in Operation
7
Employees
14 (5 Full-time, 9 Part-time)
Facilities & Assets
Recently remodeled and showing beautifully, this restaurant has accommodating seating for 86 indoors along with a beautiful wrap around patio accommodating seating for 88 outdoors. All kitchen equipment is in excellent condition and serviced/maintained regularly. New Pizza Brick Oven just recently installed! Menu consists of Pasta, Brick Fired Pizza, Chicken Entrees, Seafood Entrees, Appetizers, Salads, Soups, Desserts and so much more. Full sit up bar with nice diverse selection of Cocktails, Wine, Liquor and Beer.
Website
https://www.armennazarian.com/
Opportunities for Growth
Current owner does not advertise… a new owner/operator with some creative advertising/marketing along with adding catering and deliveries, drink & happy hour specials, along with dinner & lunch specials, you have HUGE potential.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
3,600
About the Sale
Seller Motivation
Retire
Transition Support
Seller will Train
Financing Options
$299,000 with $175,000 down. 8% int., amortized over 120 mths, balloon due in 60 mths
Listing Info
ID
2477416
Listing Views
4

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Business Listed by: Armen Nazarian Armen Nazarian Business Brokers

Listing ID: 2477416 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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