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Business for Sale Summary

Profitable Italian Restaurant - 22057

Business Type: other eating & drinking places,other food stores,pizza parlour,restaurant/ cafes
Profitable Italian Restaurant
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This business has received 40 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $150,000 Down Payment $150,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$150,000 Down and Cash

Business Description

Real brick oven Italian restaurant for sale. Opportunity sale. Established 30 years. Currently operated absentee at breakeven. Complete financial info will be provided in a personal meeting with the seller. A hands on operator can make this a profitable business very quickly. Gross sales are $40K monthly. Pizza sales are 25% and kitchen sales are 75%. Lunch is 10% of sales and dinner is 90% of sales, so there is excellent potential to grow the lunch business. Dine in business is 70% of sales, while take out is 30% of sales. The delivery business is underdeveloped and can be grown to a much larger business. Monthly rent is $7,500. SELLER FINANCING AVAILABLE TO A QUALIFIED BUYER. If you are a food service professional with the ambition to build a great business, then the owner wants to talk with you. Make your inquiry today!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.