Owner Absentee Italian Restaurant. long History & good Area Loan OK

Asking Price$280,000

Cash Flow
$140,000

EBITDA$600,000

Gross Revenue$600,000

Inventory$10,000
Not included in asking price
FF&E$150,000
Included in asking price
Real EstateNot Disclosed

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Owner Absentee Italian Restaurant. long History & good Area Loan OK


Asking Price$280,000

Cash Flow
$140,000

EBITDA$600,000

Gross Revenue$600,000

Inventory$10,000
Not included in asking price
FF&E$150,000
Included in asking price
Real EstateNot Disclosed

Business Description
This is good Italian restaurant with good location Carrollton City in Texas.
1st owner had been in business for 13 years and 2nd owner been doing business over 13 Years.
Whole restaurant history is over 25 years.
Now Seller need to retire. Seller never work for this restaurant and come only 1 day and write the check for payroll and buy some supply once a week.
This is Owner absentee restaurant and also SBA Loan is approved with 30% down payment.
They are selling about $600,000 a year and making $140,000 making annually without owner working.
Mostly pizza or Italian store, they do delivery but they stopped that service because owner is so busy for some other business. If you do the delivery service, sales will increase way more and good.
If you are hard worker, a lot of chance to make more money.
This is good Italian restaurant that strongly recommended.
About the Business
Years in Operation
26
Number of Employees
7
Market Outlook / Competition
No competition this area. Good reputation this area also.
Opportunities for Growth
Many regular customers.
About the Sale
Seller Motivation
need to retire
Transition Support
will provide 2 weeks without cost
Listing Info
ID
2354652
Listing Views
785

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Business Listed by: Richard Choi Good Partner Commercial Real Estate Team

Listing ID: 2354652 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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