Valid Business - Restaurant For Sale
www.GlobalBX.com
Listing ID:
700229011
Listing Title:
Valid Business - Restaurant For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=229011
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
Italy
State / Province:
Area
City:
Milan
Asking Price Range:
$250K - $500K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
EBITDA
Year Established:
2000
Number of Employees:
10 - 19
Business Description:
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.
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