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Italian Restaurant In Historic Building
Location: United States -> Illinois -> Central Illinois
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Beautiful, full service, Italian restaurant located in a well maintained historic building. Fine old oak wordwork, bar and reception desk. Restaurant in business for 26 years and is well established in the area. Restaurant sales have grown through the recession. This is a great opportunity for you to pick up the ball and continue the success. Italian flair in Central Illinois using fresh, local ingredients.. Large selection of liquor and beers. Popular location for business lunches or dinners and special family gatherings or date night. Now is your chance to have your own successful restaurant at a great price..3000 SF restaurant plus extra 400 SF office, 3 dining rooms, total seating for 120, attractive lease rate with new lease to be signed. Parking for 20 plus overflow lots. Computerized Order System with kitchen order printout. Fully equipped.
Currently open M-Sat for lunch and dinner. New owners could open on Sundays for Brunch, promote catering and develop a larger marketing program. Possible Outdoor dining - weather permitting. $179,000. Paul Lourash, 217-429-3170


Financials

Asking Price Range:  < $250K
Gross Revenues:   $620,000
Cash Flow:   $66,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $53,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  1987
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  One month transition by owner, but fully trained staff will stay.
Reason For Selling:  Pursuit of other business interests.

Photos

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Italian Restaurant In Historic Building Photo 1




Print Listing Id: 700193967
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Illinois Businesses For Sale > Illinois Franchises For Sale > Illinois Business Brokers



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