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Asking Price$200,000
Revenue$500,000 EstablishedUndisclosed
Cash Flow$135,000 Employees6 full, 3 part
FF&E$80,000 FranchiseNo
Inventory$15,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is a wonderful well established and beautiful Italian restaurant with 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 is 8 years remaining with a 5 year option. Annual gross income is $500,000.00 plus catering business, owners 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.
Training/Support:The seller will train the new owner.
Seller Financing:150,000.00 Down & Balance of $70,000
Ad #89088
Seller Reference #28902
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Joseph DeGaetano
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