Italian Restaurant, Great Main Street Location

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Get Out Of The Big City And Run A Great Restaurant
Asking Price:
$200,000

Gross Revenue:
$335,233
Cash Flow:
$99,995
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$15,000
not included in asking price

FF&E:
$61,120
included in asking price

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Business Description

Don't miss out on this well established restaurant. 4000 sf location has rent at only $1225 including NNN. Dining room has seating for 200+ customers. Owner has two locations and is ready to give up the hour long drive between stores. This is a beautiful restaurant right on main street in a medium sized East Texas town. Located in the heart of East Texas in the Tyler/Longview/Marshall area it is a great opportunity to pick up a thriving concern and get out of the big city congestion.

About the Business

Year Established:
2017
Number of Employees:
10
Real Estate:
Leased
Building Sq. Ft.:
4,000
Rent:
$1,225.00 Per Month
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About the Sale

Reason For Selling:
consolidation
Training/Support:
2 weeks
Seller Financing:
40000.00

Listing Info

ID:
1622982
Ad Detail Views:
0

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Business Listed by

Jeff Petersen

Transworld Business Advisors of East Texas

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U.S. Census Data for Gregg County, TX
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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