Profitable Italian Restaurant with Full Liquor License

Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$912,307

Inventory$10,000
Included in asking price
FF&E$150,000
Included in asking price
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Profitable Italian Restaurant with Full Liquor License


Asking Price$350,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$912,307

Inventory$10,000
Included in asking price
FF&E$150,000
Included in asking price
Business Description
Profitable Italian Restaurant/Pizzeria with full liquor license and absentee ownership. Operating since 2007 in same location. Solid long-term lease in place with restaurant exclusivity. Over $150K recently spent on expansion and renovation. Seats 80 inside, 25 outside, and separate bar area. About 60% of overall sales carry-out or delivery. Fully trained staff in place including management.

Please note that name is not included in the sale due to other company-owned location. Not suitable for SBA-financing. Seller prefers cash buyers with restaurant experience only. Nondisclosure form is required.
About the Business
Years in Operation
19
Employees
12 (6 Full-time, 6 Part-time)
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,200
Rent
$7,840 per month
Lease Expiration
12/31/2035
About the Sale
Seller Motivation
Retirement
Transition Support
30 days
Listing Info
ID
2549877
Listing Views
3

Listing ID: 2549877 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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