Owner Operated Italian Restaurant Chain (3 Locations) For Sale

Asking Price$499,000

Cash Flow
$203,742
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,622,800

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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Owner Operated Italian Restaurant Chain (3 Locations) For Sale


Asking Price$499,000

Cash Flow
$203,742
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,622,800

Inventory$20,000
Not included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
New Low Price
3 franchised restaurants for sale (all cash deal required). Seller will need to run one restaurant (or break even until business improves) and manage the others through the great GMs on staff. Restaurant experience/ownership required for disclosure and typical franchise operational and financial requirements will need to be met. The restaurants have been open since 1998, facilities recently refreshed and have survived the many annual ebbs and flows, including COVID and inflation. These three restaurants are doing a per store sales average of $1.3M. Stores are fully staffed at management and staff levels and poised for growth. Seller is retiring after owning the business since 2014.
About the Business
Years in Operation
27
Employees
60
Facilities & Assets
3 restaurants in very solid markets and locations with decades of success. Survived COVID and inflation.. Buyer will need to understand the market and the current trends in the quick service restaurant market and also have the liquid and net worth to be approved by a national Franchisor. This business will flourish if the buyer invests in marketing and some minor facility upgrades to build the business. It is required by the seller that the prospective buyers understand the above and has restaurant and franchise experience or capability of the same.
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will transition for 30-60 Days
Listing Info
ID
2142651
Listing Views
1787

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Business Listed by: Mike Feinman Texas Business Brokers

Listing ID: 2142651 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.