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Asking Price$250,000
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 restaurantwith the same ownership for over 20 years. It is 2300 Sq. Ft. and has a bar areathat 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 $500,000.00plus catering business, owners in pocket cash flow is $130,000. This is a terrific opportunityto 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.
Training/Support:The seller will train the new owner.
Seller Financing:150,000.00 Down & $100,000 for 5 Yrs at 4%
Ad #89088
Seller Reference #28902
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Contact This Seller
Joseph DeGaetano
1-877-735-5224
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