Turn Key Italian Restaurant for Sale**SBA Pre-Qualified**

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Award Winning Italian Restaurant- Excellent Opportunity!
Asking Price:
$425,000

Gross Revenue:
$975,000
Cash Flow:
$216,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$20,000
included in asking price

FF&E:
$200,000
included in asking price

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Business Description

Well known Classic Italian Restaurant in F.S.B. Property awarded 4 stars & named among top 500 restaurants in US.180 seats with full liquor bar. Cozy family ambiance. Private dining rooms for any special event. Very reliable and long lasting skilled staff. Open for Dinner only from 5-10 pm! Perfect for a couple. Note: owner will explain how to increase the activity of 30% minimum. Disclosures to Buyer with NDA & POF only. SBA loan pre-qualification with approx. $100K down.

About the Business

Year Established:
1989
Number of Employees:
14
Real Estate:
Leased
Building Sq. Ft.:
5,348
Rent:
$6,000.00 Per Month
Lease Expiration:
12/31/2023
Website:
www.truforte.com
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About the Sale

Reason For Selling:
Retirement
Training/Support:
4 weeks of training provided at NO COST
Seller Financing:
SBA Lender Pre-Qualified for $325k with $100k down

Listing Info

ID:
1488179
Ad Detail Views:
1356

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Business Listed by

Lino Galati

Truforte Business Group
License# 663049

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Sponsoring Broker:

Truforte Business Group
Truforte Business Group
License# CQ1037473

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