Little Italy Restaurant & Bar. Turnkey with Management Company!

Asking Price$699,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,200,000

Inventory$40,000
Not included in asking price
FF&E$1,100,000
Included in asking price
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Little Italy Restaurant & Bar. Turnkey with Management Company!


Asking Price$699,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,200,000

Inventory$40,000
Not included in asking price
FF&E$1,100,000
Included in asking price
Business Description
Unique & Incredible Build Out with so much upside potential!
Established Management Company in place! Perfect for Hands off operator!

Located in Little Italy in San Diego! One of a kind busy location with Hotels, Condos and tourists! We have an incredible staff, management and concept that customers love! Unique buildout, Food menu, & Craft Cocktails.

Low business cost for Little Italy, nice lease, good location.

Purchase Criteria:
* Management Company in place & must stay on, since they own the brand name/concept.
* Cash Buyers who can close fast only!
* NO SBA or financing
* Proof of funds required

PERFECT FIT FOR OUT OF STATE BUYERS, 1ST TIME HOSPITALITY OWNERS OR HANDS OFF LOCALS WHO WANT TO COME ENJOY, MAKE MONEY BUT NOT HAVE ANY RESPONSIBILITIES :)
About the Business
Years in Operation
8
Employees
25 (2 Full-time, 13 Part-time, 10 Contractors)
20
Facilities & Assets
State of the Art 1 million + Buildout. Turn Key.
Market Outlook / Competition
No more licenses to be given in this area.
Opportunities for Growth
With marketing budget Management Company projects to triple numbers!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,500
Rent
$16,900.00 per month
Lease Expiration
1/18/2038
About the Sale
Seller Motivation
Other business interests
Transition Support
Not needed. Management Company in place.
Financing Options
CASH BUYERS ONLY. NO SBA, NO FINANCING.
Listing Info
ID
2484192
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Business Listed by: Brian Boss

Listing ID: 2484192 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.