Two Italian Restaurants with Absentee Owner

Asking Price$1,150,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,918,401

Inventory$10,000
Included in asking price
FF&E$250,000
Included in asking price
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Two Italian Restaurants with Absentee Owner


Asking Price$1,150,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,918,401

Inventory$10,000
Included in asking price
FF&E$250,000
Included in asking price
Business Description
Two profitable Italian restaurants/pizzerias in highly desirable locations with full liquor licenses and long-term leases. Owner is absentee and retiring. Fully staffed with management in place at each location. Pizza is about half of overall sales. Lunch and dinner served 7 days per week. Net rent is about 10% of total sales. Room to scale operations and add more locations for new ambitious management. Outstanding branded menu and loyal customer following. Prospective buyers must be willing to show proof of funds Non-disclosure form is required.
About the Business
Years in Operation
19
Employees
24 (12 Full-time, 12 Part-time)
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,300
Rent
$15,000.00 per month
Lease Expiration
12/31/2032
About the Sale
Seller Motivation
Retirement
Transition Support
30 days
Listing Info
ID
2516625
Listing Views
39

Contact Seller

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Business Listed by: martin berliant Five Star Business Brokers

Listing ID: 2516625 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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