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Asking Price$220,000
| Revenue | $500,000 |
Established | Undisclosed |
| Cash Flow | $135,000 |
Employees | 6 full, 3 part |
| FF&E | $80,000* |
Franchise | No |
| Inventory | $15,000* |
Relocatable | No |
| Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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This is a wonderful, well-established, beautiful Italian restaurant. Under the same ownership for over 20 years. It is 2300 sq. ft., and has a bar area that boasts a wonderful wine selection, as well as spirits and brew. Owner does many private parties in the separate party room. The location is excellent with easy access. Monthly rent is only $6,276.00, and includes all taxes, trash, water and snowplowing. Current lease has 8 years remaining, with a 5-year option. Annual gross income is $500,000.00, plus catering business. Owner's in-pocket cash flow is $135,000. This is a terrific opportunity to own a well-established restaurant, with great potential to make it even better. Please call the broker for further information at 1-877-735-5224.
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.
| Seller Financing: | 120,000.00 Down & TBD |
Ad #108147
Seller Reference #28902
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