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Valid Business - Restaurant For Sale
Location: Italy -> Milan
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)



Business Summary

Valid business, a restaurant in the centre of Milan.

The restaurant is frequented VIP clients. About 2-3 years ago, the annual turnover of the restaurant was more than a million euros. Because of the mistakes of the new management turnover amounted to € 500,000 in 2013. The new management has arrears of rent.

Urgent sale! Sold the business itself (without premises), including furniture and equipment. Price - 200 000 Euro. The auction is possible. The annual rent is 95 000 euros per year + VAT 22 %, the fee for a condominium - 10 000 euros per year. Additional information is available upon request.

Financials
Asking Price Range:  $250K - $500K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business
Year Established:  2000
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned

Photos

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Valid Business - Restaurant For Sale Photo 1




Print Listing Id: 700229011
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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 > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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