Italian Specialties Restaurant - 24697
Business Type: other eating & drinking places,pizza parlour,restaurant/ cafes/ diners,owner financing available
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $239,000 | Down Payment | $200,000 |
| Gross Revenues | $750,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $152,035 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and 4 years at 8%
Business Description
ASKING PRICE JUST REDUCED!!! Pride of business ownership is clearly evident with this Italian specialties BYOB restaurant. Features a beautifully decorated dining area and a varied menu including all fresh ingredients. A well trained staff welcomes loyal customers to this popular and successful restaurant. Grosses an average of $15K per week, which covers the monthly rent of $3,500 (including CAM and taxes) in 2 to 3 days. Seats 32 inside and 8 outside. Well balanced business with 50% lunch and 50% dinner; 60% dine in and 40% take out or delivery. Remarkable press and Internet approval. Payroll flexibility makes this opportunity appealing for a chef who wants to express his creative talents, or a restaurant manager, or an absentee investor. Ideal as a family operated business. SELLER FINANCING AVAILABLE TO A QUALIFIED BUYER. If you are serious about making an impact in the restaurant industry, the owner wants to talk with you. Make your inquiry now!
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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