Italian Restaurant w/ Liquor License in Texas - 36741
Business Type: bar/tavern/night clubs,other eating & drinking places,other food stores,owner financing available,restaurant/ cafes/ diners
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $640,000 | Down Payment | $320,000 |
Gross Revenues | $821,514 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $291,502 | Number of FT Employees | Register Free to View |
Financing
$320,000 Down and $320k with terms tbd
Business Description
Popular Italian restaurant with a liquor license for sale in a prime high foot trafficked location.
Located near a major route, the business has over a hundred reviews with a 4.5 rating & strong social media following.
Does catering to the local school. Inside seats 240 people, including a private room that seats 50 people.
Full kitchen, brand new equipment, and full staff in place. Full bar with beer & wine.
This restaurant can be run fully absentee, current owner let's manager operate the restaurant.
The restaurant is primed to explode in growth in near future with an outdoor patio area for 70 people almost finished & new development happening in the area.
Plus, new owner can expand the catering.
The business has only been open for 10 months but already has strong sales, owner is only selling due to moving out of state to be closer with family & willing to provide minimum 2 weeks training to help with transition.
Projected gross revenue of $1.2M in its 1st fiscal year. Owner financing available for qualified buyer, terms negotiable.
To learn more about this opportunity, please contact the broker Tyler Wright-Wylie at 267-428-4649.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
Attention Business Owners:
We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
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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