Fine Dining Italian Restaurant - 26527
Business Type: restaurant/ cafes/ diners,owner financing available
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $109,000 | Down Payment | $75,000 |
| Gross Revenues | $350,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $70,000 | Number of FT Employees | Register Free to View |
Financing
$75,000 Down and 8% over 12 months
Business Description
Fine dining Italian restaurant business for sale in affluent town. Established 18 years under the same owner. Seats 35 customers inside a tastefully decorated dining room plus outdoor dining. Serving dinners 6 days a week Entrees from $15 to $21. Excellent potential to develop lunch business. 1,000 square feet plus full basement for both storage and food prep. Weekly gross of $7,500 covers low rent of $2,560 in 3 days. 10 year lease. Major equipment includes 12 burner stove, new hood, new dishwasher, new ice machine, espresso machine, walk in box and more. Kitchen fully staffed. Owner operates the business as manager and waiter. Priced to sell quickly at $109,000. SOME SELLER FINANCING AVAILABLE TO AA QUALIFIED BUYER. If you have the desire to grow this successful business, then the owner wants to talk with you. Make your inquiry today!
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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