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Italian Restaurant
Location: United States -> Alabama -> Talladega
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Restaurant for sale due to health issues. Gross sales per year are $450,000+/- and is increasing slowly over the past couple of years. The restaurant is 2,500 +/- sqft and is freestanding with ample parking and road frontage on main strip of the town.THE ASKING PRICE IS 85000 INCLUDING ALL EQUIPMENT EXCEPT THE DISHWASHER WHICH IS LEASED.

UPDATE: 4/2/05
WE HAVE HAD THE LISTING UP FORSALE BUT SINCE THEN ARE BUSINESS HAS GROWN AND EXPECTED SALES FOR THIS YEAR IS 500000+ BUT THE ASKING PRICE REMAINS THE SAME AS STATED ABOVE THE REASON FOR SALING IS HEALTH.

THANKYOU


Financials

Asking Price Range:  < $250K
Gross Revenues:   $500,000
Cash Flow:   $100,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Unknown
Seller Financing:  Not Disclosed

About The Business

Year Established:  2001
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Wiill Provide Training And Support
Reason For Selling:  Heart Problems




Print Listing Id: 70016982
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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 > Alabama Businesses For Sale > Alabama Franchises For Sale > Alabama Business Brokers



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