Stunning Italian Restaurant For Sale

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Listing ID: 700370377

Listing Title: Stunning Italian Restaurant For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=370377

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: Connecticut

Area

City:

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $2,369,698

Cash Flow: $711,859

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2011

Number of Employees: 1 - 3

Business Description:
SBA Pre-Qualified- Huge Money Making Stunning Italian Restaurant SBA Pre-qualfied! Rare opportunity to take over this money making and stunning Italian Restaurant for sale that is approximately 1.75x Seller's Discretionary Earnings. This restaurant is a gem as it has a wonderful atmosphere. It's known for excellent and classic food and fabulous customer service. The restaurant has a full liquor bar and license. There is plenty of seating available inside and outside plus private rooms available for parties along with plenty of parking for its guests. EB2 visa possible. The business also includes residential space that the next owner can live in or lease out for additional income. If you own an existing restaurant, this would make a fabulous addition to your portfolio or this gem of a place would make for a great first entry into the business. The real estate is also available for sale at an additional price. Please note the wine and liquor inventory is excluded from the sales price and is approximately $120k. The numbers listed are for 2021 calendar year.



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