Italian Restaurant & Pizzeria - VERY successful since 2014!

Asking Price$79,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$50,000
Included in asking price
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Italian Restaurant & Pizzeria - VERY successful since 2014!


Asking Price$79,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&E$50,000
Included in asking price

Seller Financing Available
Business Description
Unique opportunity to purchase a very successful restaurant, serving the area since 2014! Sales consistently averaged $550K per year with an owner net of $120K+. Very low overhead with rent at a base of $1800! Located in a very busy area with loads of walk in traffic. Recently most equipment has been replaced with brand new. This restaurant serves pizza and Italian. Great reviews over the years and a huge following. Two weeks ago the owner experienced a personal situation which caused him to have to stop working. The restaurant advertised closed for vacation and a new owner needs to take over. It is placed at a sale price of $79K cash or owner financing with $25K down! That is a steal of a price and will not last long!! Because this is an existing business, you will need to email us your name, phone number and email to receive location information, photos etc. Without this information we will not respond to inquiries. Also messages with "is it available" will NOT be responded to. If you are reading this ad, it is still available. This is an authentic Italian restaurant and pizzeria and training can be provided if needed. It does not have to remain Italian but currently has a very busy cliental so the Italian is working great!
About the Business
Years in Operation
12
Facilities & Assets
Seating with 15 tables. All brand new refrigeration and mixer in the last few weeks! Two weeks ago, owner had a personal change and restaurant is currently on vacation. Huge following and cliental, very well known establishment. This is the deal of the century! Serving authentic Italian. Tons of pizza made daily from the double stack Blodgett pizza ovens. You could not build a restaurant for this price and the existing business is included so act quickly as it will not last!
Market Outlook / Competition
Located in a super busy location. Rarely does anything come available for lease in this area so move quickly!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,100
Rent
$1,800.00 per month
About the Sale
Seller Motivation
Personal situation altered seller, Business is great and not reason for sale.
Transition Support
as needed
Financing Options
$25K down
Listing Info
ID
2454561
Listing Views
18

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Business Listed by: Chris Chagnon

Listing ID: 2454561 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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