Price Reduced-Italian Ristorante in Historic Charlottesville for sale

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Price Reduced-Italian Ristorante in Historic Charlottesville for sale
Asking Price:
$165,000

Gross Revenue:
$318,000
Cash Flow:
$77,602
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$55,000
included in asking price

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Business Description

For two generations and twenty-five years, this family owned and operated Italian Ristorante has
created a brand legacy serving classic Italian food, craft Italian cocktail menu, and fine wine pairings to the good people of Charlottesville. Their menus are rooted in the Italian classics that have made this brand a Charlottesville institution for over two decades. A favorite among the locals and a destination for everyone to enjoy authentic Italian food.
“A genuine taste of Italy in C'ville"
“Excellent food and services “
“Superb place"

This is the perfect opportunity for an owner/chef/operator looking for an established restaurant with a great reputation, solid growth and an ability for six digit profits. There is plenty of opportunity. It is the perfect choice for rehearsal dinner, special event celebrations, office party, or offsite events.
As always, other brokers with qualified buyers are welcome to inquire about any of our opportunities. Bring your qualified buyers!!!

About the Business

Real Estate:
Leased
Building Sq. Ft.:
2,500
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About the Sale

Reason For Selling:
retiring
Training/Support:
4 weeks

Listing Info

ID:
1385356
Ad Detail Views:
149

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Business Listed by

Lex Meredith

Transworld Business Advisors

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Memberships:
U.S. Census Data for Albemarle and Charlottesville city Counties, VA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Albemarle and Charlottesville city Counties, VA
Income

Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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