Profitable -great sales-great rent and location

Sale Pending

Asking Price$429,999

Cash Flow
$273,283

EBITDA$184,283

Gross Revenue$819,989

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave

Profitable -great sales-great rent and location


Sale Pending

Asking Price$429,999

Cash Flow
$273,283

EBITDA$184,283

Gross Revenue$819,989

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Long established, loved by their customers and extremely PROFITABLE!

Cash is preferred but this restaurant may qualify for SBA financing.

Surrounded by businesses and minutes from Mission Valley, Allied Gardens, La Mesa and Tierra Santa.

Their customer base is close by and with the freeway on/off ramps ¼ mile away they are 15 minutes or less from just about anywhere in the

San Diego area.

Are you ready to take over a restaurant driven by the passion of old-world Italy? Here it is ready today.

This is your opportunity to buy a restaurant that will be profitable on day one.

Easily increase sales by simply adding lunch hours and opening up on Mondays. Sky's the limit here.

Seller is willing and even would like to stay on to train and set up a seamless transition.

Built from the ground up this restaurant is now ready to take care of the next owner as it has the current owners and founders.

Authentic Italian does not do this restaurant justice. You need to go eat there to truly appreciate what the current owners have set in motion, it is beloved by everyone who eats here as evidenced by the outstanding online reviews.

Seller has this place dialed in and it shows everywhere you look, from the immaculate dining and kitchen areas to the area that is most important to a restaurant owner, THE BOTTOM LINE.

Profit and Loss statement for 2024, shows net income of $181,654

Adjusted net (car/cell/travel and owner salary) bring net income up to $252,654

The profit and loss statement for 2023 , which will match the tax return, shows a net income of $184,283.

2023 n sales of $819,989, the adjusted net income after the add backs is $273,283.

It's a consistent money maker.

This place is a goldmine, and the seller is willing and able to be sure the transition is seem less and the restaurant continues to produce big sales and income for the new owners.

The well-designed and maintained kitchen has everything you will need for this concept, and it is all in pristine condition.

12 ft hood with Ansul System, mixer, walk in cooler, double deck imperial oven, two six burner ranges and more, this is a kitchen build for volume and speed!

Recently replaced were two refrigerated prep tables, a bar fridge and kitchen air recycler.

They also just added a new ice machine and an exhaust fan for the hood system. All new items under warranty

The restaurant is 1545 square feet.

Lease for this centrally location expires June of 2026 with additional options available.

Rent including CAM is currently 6100/month. Rent was 8.62% of sales in 2023 which is outstanding.

Restaurant also has adverting on a large monument sign on on very busy road

If you are looking for a restaurant that has it all going for it and is ready a new owner, you found it !
About the Business
Years in Operation
12
Employees
7
Facilities & Assets
Full kitchen, very well maintained and super clean
Opportunities for Growth
currently open Tuesay-Sunday (closed Mondays)for dinneer 4:30-8:30pm
Open for Lunch Wed-Friday only

Open full hours and watch sales expand with very little effort
About the Sale
Seller Motivation
Family health
Transition Support
Owner will stay on to train and provide seemless transition for the new owner
Financing Options
Possible SBA financing
Listing Info
ID
2206874
Listing Views
3438

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Rob Tade SellingRestaurants.com.

Listing ID: 2206874 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.


Similar Listings
Moe's Southwest Grill
$300,000Moe's Southwest GrillFeatured Franchise
Hummus Republic
$150,000Hummus RepublicFeatured Franchise
Pizzeria - Italian Restaurant
$265,000Pizzeria - Italian RestaurantSan Diego, CA
Papa Murphy's
$125,000Papa Murphy'sFeatured Franchise
Vitality Bowls
$75,000Vitality BowlsFeatured Franchise
Moe's Southwest Grill
$300,000Moe's Southwest GrillFeatured Franchise
Hummus Republic
$150,000Hummus RepublicFeatured Franchise