Modern, High Profit Italian Restaurant - by Doug Jackson

Contact Seller
Asking Price:
$425,000

Gross Revenue:
$1,400,000
Cash Flow:
$260,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$9,000
not included in asking price

FF&E:
$225,000
included in asking price

Share this business:

Business Description

Unbelievably well run modern, mid-range, Italian restaurant in a very busy area of Manassas, VA.. Weekly sales are approaching $30,000 and the business reached revenues of over $1,400,000 in 2018. The owners cash flow exceeded $250,000 last year. There is seating for 150 guests and a well appointed bar area. Don't miss this outstanding opportunity! For more information call Northern Virginia's Number One Business Seller - Doug Jackson at (703) 898-0888.

About the Business

Location:
Manassas, Virginia
Year Established:
2008
Number of Employees:
18
Real Estate:
Leased
Building Sq. Ft.:
3,600
Rent:
$9,883.00 Per Month
Lease Expiration:
1/31/2024
Facilities:
Located in a very busy modern shopping center with excellent parking.
Market Outlook/
Competition:
This is a well operation with many extremely loyal customers, and that base of business is growing as you read this.
Growth & Expansion:
There is considerable room for growth available by adding off-site catering and extending the reach of digital advertising.
Contact the Seller

About the Sale

Reason For Selling:
Seller is relocating
Training/Support:
Seller will train buyer for up to two weeks at no additional cost.
Seller Financing:
Seller may consider holding a small note.

Listing Info

ID:
1621498
Ad Detail Views:
0

Contact the Seller
$
months
Please confirm you're not a robot
Contact the Seller
Business Listed by

Doug Jackson

Doug Jackson

 Show Phone Number

View My 24 Active Listings

Similar Listings


Report an Issue 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 & Conditions.