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Asking Price$249,000
Revenue$622,120 EstablishedUndisclosed
Cash Flow$116,772 Employees3 full, 10 part
FF&E$150,000 FranchiseNo
Inventory$5,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Italian Eatery Franchise with a part-time owner. They specialize in Italian cuisine for lunch and dinner only. They have a beer & wine license as well. This business was built from scratch 3 years ago and has shown consistent growth since they day they opened. At this point the owner has a solid staff and is able to oversee operations in approx. 15 hrs/wk. This is a growing brand name in NY with many locations. In the past year this location grossed approx. $675,000.00 with a cash flow of approx. $120,172.00 (with a p/t owner). THEY HAVE A FANTASTIC 17 YEAR LEASE AT ONLY $2,000/MTH WITH 2% ANNUAL INCREASES. This is your opportunity to purchase a growing business with practically new equipment in a revitalized area. We are seeking a serious and financially qualified buyer with at least $190K in liquid funds and some food service experience. If you fit the criteria, please call 1-877-735-5224 for further information. 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.
Training/Support:The seller will train the new owner.
Seller Financing:$190,000.00 Down and $59K over 4 yrs. @ TBD
Sale Reason:Other projects.
Ad #81234
Seller Reference #28307
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Melvin L. Vaz
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