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Italian Restaurant Near 3rd St.
Location: United States -> California -> Southern California - Los Angeles Area -> Santa Monica
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

A casual Italian restaurant uniquely located on Santa Monica Blvd a few blocks from “3rd street promenade” is available For sale. 1000 sq. ft. of space/ Monthly rent of only $1,200/mo. Including utility bill. (Gas bill) 7 Days operation, Fully equipped, Fully Staffed, Great chef, Seats 25 people inside and 8 outside. 10 Parking spaces In addition to the valet parking. The present owners have other locations that are making strong demands on their time and talents. Owner will provide support and training for the new owner.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $420,000
Cash Flow:   $70,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,000
Seller Financing:  No

About The Business

Year Established:  1997
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks, 20 hours /Week.
Reason For Selling:  Other locations.




Print Listing Id: 700166253
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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 > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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