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Beautiful Italian Restaurant
Location: United States -> California -> Northern California - All Northern California -> San Luis Obispo
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Beautiful Italian Restaurant Located Close To The Ocean Of This Well Known Coastal City

RRC#: 2815
Asking Price: $150,000
Location: San Luis Obispo County, San Luis Obispo County, California
Yearly Revenue: $1,500,000
Yearly Cash Flow: $156,000
Monthly Rent: 5,600 inclusive

LISTING DESCRIPTION:
Charming Italian restaurant, consistent money-maker, that has been serving authentic Italian cuisine since 2006. Sales over $1.5 million in 2016 only being open 6 days/week. Closed Mondays. This year on track to do more sales. Cozy and intimate with seating for 70.. Beer and Wine License included, Popular for elegant banquets and the more casual lunch and dinner parties. Fully equipped kitchen with Fire Suppression Hood. Detailed equipment list is available. Perfect family business. Great location ! Surrounded by many Wineries many Bed & Breakfasts many Hotels RV Parks. Exploding tourist region nearby schools, as well as being a favorite with steady local regulars. Opportunity is knocking. Fill out a Non-Disclosure Agreement located at the top of the page to get more information and a complete equipment list Call today......... Must see this opportunity to live and work in one of the most beautifull cities on the California Coast.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2006 | Current Owner: 2006 | Seating: 70 | Square Footage: 2000 | Licenses Required: Business-Health-ABC beer/wine | Days Open/Hours: open 6 days lunch / dinner closed Mondays | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,500,000 | Yearly Cash Flow: $156,000 |

LEASE INFORMATION:
Monthly Rent: 5,600 inclusive | Lease Expiration: 2022 | Lease Option: one 5 year option | Security Deposit: 5,500 |


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,500,000
Cash Flow:   $156,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

Photos

View Larger Photo(s) Of Business
Beautiful Italian Restaurant Photo 1 Beautiful Italian Restaurant Photo 2 Beautiful Italian Restaurant Photo 3




Print Listing Id: 700285844
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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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