The PREMIER BISTRO-Too CHEAP-Owner ready to Retire

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WOW-Great Restaurant-STEAL_Look FFE & Profit-Owner Retiring
Asking Price:
$129,000

Gross Revenue:
$286,000
Cash Flow:
$65,304
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$95,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Here is the IDEAL Neighborhood Italian Bistro & Restaurant. It has a fantastic reputation and is known for its superb quality, tasty food, and excellent service. They take orders for pickup and have online delivery.

They have a Neat, Clean, Comfortable Atmosphere that makes everyone feel relaxed. It is currently open 6 days a week and serves an Enjoyable and Great Selection of the Best Italian Foods.

Here are some of the menu items:

• Appetizers
• Salads
• Hot Subs
• Cold Subs
• Homemade Baked Pastas
• Calzones and Gyros
• Veal and Steak
• Pasta Specialties
• Chicken Dishes
• Seafood Dishes
• Kid's Baked Pasta
• Kid's Spaghetti or Ziti
• Sides
• Desserts

It has an excellent location that draws business from not only the great high traffic it has, but also the neighborhood and surrounding communities.

The operation has Ideal Equipment that is in Exceptional Condition. The kitchen is very efficiently laid out, with plenty of room, and is very comfortable and easy to operate in.

This is a turnkey business that has all the things an owner would want or need. It is being offered at a SPECTACULAR PRICE. The Furniture, Fixtures, & Equipment have Great Value, not to mention the solid Profits.

Look at this for yourself, and you will see the Wonderful Operation and WILL SEE WHY YOU JUST HAVE TO OWN THIS!!!!

HURRY, This Business WILL SELL FAST!!!!

About the Business

Year Established:
2015
Number of Employees:
3
Facilities:
This business is located on an extremely high volume traffic MAIN road with great visibility. It has easy access from all directions, and there is plenty of convenient parking. The space is approx. 1600 sq. ft. and has Seating for 50.The rent is $3800 per month. The lease is good till December 2021 and has a 5 year renewal option.
Market Outlook/
Competition:
.Has Competition on the other side of the highway
Growth & Expansion:
With this High Growth area, opening Mondays, and doing some local promotions, this business could triple
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About the Sale

Reason For Selling:
Retiring
Training/Support:
The owner will provide 1-2 weeks of free on-site training, as well as up to 3 months of free phone consultation on an as needed basis
Seller Financing:
Yes, with $100K Down

Listing Info

ID:
1425835
Ad Detail Views:
153

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Business Listed by

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

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