Profitable Italian/Greek Restaurant

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Motivated Seller
Asking Price:
$59,000

Gross Revenue:
$303,170
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$8,000
not included in asking price

FF&E:
$41,000
included in asking price

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Business Description

The restaurant serves Italian and Greek food and has been open for over 2 years. Sales have been very strong as there is little competition in the area. The owners are moving back to their country and looking to sell as quickly as possible.

About the Business

Year Established:
2016
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
1,600
Lease Amount/Mo.:
$700.00
Facilities:
The restaurant is in a retail space connected to other businesses. The restaurant seats 48 comfortably.
Website:
tworld.com/knoxvillenorth
Growth & Expansion:
Restaurant does not take online orders and is closed on Mondays.
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About the Sale

Reason For Selling:
moving
Training/Support:
1 week

Listing Info

ID:
1493072
Ad Detail Views:
19

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Business Listed by

Doug Kose

Transworld Business Advisors of Knoxville

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