Prime Location Italian Restaurant
Location:
United States
->
Florida
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
American/Italian Cuisine Restaurant for sale in prime location/strong anchors strip center. Loyal customer base of retired community. Seats 124. Can expand next door and go 4COP. Catering done for Large corporate clients at $40K per year income. $25K add-back below is replacing current manager if family business. Strong staff in place. Occasional live music. Unlimited parking. In up economy owner earning $125K plus. Price: $259,000.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$791,000
Cash Flow:
$86,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $155,000
Seller Financing: No
About The Business
Year Established: 1989
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Not Applicable
About The Sale
Management Training and Support: Will train for 1 week at no cost.
Reason For Selling: Retiring.
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: 700115218
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