French-Italian Restaurant
Location:
United States
->
Florida
->
Aventura
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
French - Italian Restaurant for Sale:
Location: Aventura, FL.
Total Size: 2,751 SF.
Inside Seating: 49.
Outside Seating: 60.
Date of Inception: November 22, 2005.
Description: Newly created restaurant with brand-new technical, mechanical equipment and decoration. Separate walk-in cooler and freezer (two times 8ft x 6ft); Bakery station; High equipment quality products: Vulcan, True, Hobart ... ; Wood burning Pizza Oven with assisted natural gas (Wood Stone Corp.) allows up to 12 individual sized (12'') pizzas ...
Current Food Offering: Steaks from the Grill, Sandwiches, Pizza, Panini, Wraps, Fish and Pastries.
Sales Forecast 2006: $950K - $1,000K.
Cover Turnover: Up 444 customers in one day (High Season).
Profit Margin: 20% (forecasted).
Lease Duration: Until 12/31/2009 with 5 year extension option.
Rent: $10,024 including taxes and CAM.
Asking Price: $980,000.
Email or call Sigi Klein - OVIR at 786-223-0429 for more information on this French-Italian Restaurant for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$950,000
Cash Flow:
$190,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $900,000
Seller Financing: No
About The Business
Year Established: 2005
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Possible.
Reason For Selling: Moving to New York.
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: 70052791
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