Asking Price:$275,000 Reduced to $249,000
Cash Flow:$147,446
Gross Revenue:$620,552
FF&E:$50,000
Inventory:$5,000
Lease Rate/Sq. Ft.:$17/yr
Established:2011
Business Description
Profitable Italian Restaurant with Good Books
Very nicely decorated full size Italian Restaurant. Nice build out. 2 COP. Excellent reviews on Google, Facebook, Yelp and Trip Advisor. Already established loyal clientele. Closed on Sundays, great books & records. Owner will stay for 2 weeks to train buyer so the Restaurant will continue to be so successful.
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 3,651
- Lease Expiration:
- 7/31/2017
- Employees:
- 8
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Beautiful well built out Italian Restaurant located in a stabile neighborhood. 3,651 square foot facility with amble kitchen space and its own bar area.
- Growth & Expansion:
- Restaurant closes on Sunday. By opening on Sunday a new operator would have the opportunity to add revenue and profit. There are other opportunities for additional revenue.
- Support & Training:
- 2 weeks at no cost
- Reason for Selling:
- Discuss with seller