Well-Known Italian Restaurant with Beer/Wine License.

Asking Price$449,000

Cash Flow
$216,725
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,316,175

Inventory$5,000
Included in asking price
FF&E$100,000
Included in asking price
Authentic Italian RestaurantSave

Well-Known Italian Restaurant with Beer/Wine License.


Asking Price$449,000

Cash Flow
$216,725
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,316,175

Inventory$5,000
Included in asking price
FF&E$100,000
Included in asking price

Seller Financing Available
Business Description
***SELLER FINANCING AVAILABLE WITH $300,000 DOWN***
This popular & VERY WELL established Italian restaurant has been a beloved staple in the local community for over 25 years. Owned by the same owner and known for its authentic Italian cuisine, the menu features a diverse array of homemade pastas, pizzas, salads, chicken, and seafood dishes. They offer dine in, carry out, catering services and 3rd party delivery services. This place has consistent revenue with 2022 numbers below. 2023 increased and looking forward to a strong 2024 year.

The restaurant's cozy ambiance, with seating for approximately 120 guests, is perfect for any occasion. Fully Staffed with a manager and Friendly, attentive, well-trained employees known for excellent service. Current operation benefits a husband and wife team working part-time. Ideal for Family or Owner operator. A motivated owner-operator or family can increase profits significantly due to the restaurant currently operating short hours

This is a rare opportunity to acquire a well-established and profitable restaurant with a strong community presence and endless growth potential. If you're passionate about Italian cuisine and ready to take this business to the next level, contact us today for more information!

This business isn't just about buying a revenue stream; it's about acquiring an ESTABLISHED BRAND, a DEDICATED and EFFICIENT team, and a LARGE customer base.


*** INTERESTED PARTIES PLEASE SUBMIT YOUR INFORMATION THRU THE CONTACT FORM SECTION TO THE RIGHT TO RECEIVE THE NON-DISCLOSURE***. MUST SHOW PROOF OF FUNDS PRIOR TO RELEASING INFO

IMPORTANT NOTICE: This is an operating business being offered for sale "CONFIDENTIALLY". We will not release any information unless there is a non-disclosure signed and proof of funds.

Information contained herein has been obtained from the Owner of the Property or from sources deemed reliable. We have no reason to doubt its accuracy but make no warranty or representation. All information is submitted subject to errors, omissions, changes, withdrawal without notice and any special listing conditions of the Owner.
About the Business
Employees
24
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,460
Rent
$4,500.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
2 WEEKS AT NO COST TO BUYER
Financing Options
To a qualified buyer with $300,000 down, remainder over 36 months at 8%
Listing Info
ID
2242423
Listing Views
1763

Contact Seller

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Business Listed by: George Antonaklas Realtec Business Brokers

Listing ID: 2242423 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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