Award Winning Italian Restaurant & Banquet
Location:
United States
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California
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Southern California - Los Angeles Area
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San Pedro
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
Award winning Italian Restaurant & Banquet Facility for sale in San Pedro. Seller will finance. This is a super busy, 7,500 Sq. Ft. Italian restaurant and banquet facility established in 2001. The restaurant has a seating capacity of 350.
The restaurant was presented the ''A'' for Excellence Zagat rating for 2005 and 2006. For a little bit of Tuscany in the heart of the LA Harbor, set sail for this stunning, beautiful space with an elaborate dinning room reminiscent of a ballroom. The traditional, old-world fare runs the gamut from osso buco to tiramisu and never disappoints. This may be the best Italian in San Pedro.
It was also awarded ''Restaurant of the Year 2003'' by San Pedro Chamber of Commerce. It won the Gold Italian in 2002, 2003, 2004 and 2005 for the Southern California Restaurant Association. Their wine list received Award of Excellence in 2002 and 2003 and Golden Bacchus in 2004 and 2005 from Southern California Restaurant Association. For more information, please email or contact Ved Sajnani at (310) 539-8300.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$900,000
Cash Flow:
$135,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $20,000
Seller Financing: Yes
About The Business
Year Established: 2001
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Seller will provide training for 4 weeks at 20 hours/week.
Photos
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Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700110220
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