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Business for Sale Summary

Authentic Italian Restaurant for sale in TN - 33799

Business Type: seller financing available,restaurant/ cafes/ diners
Owner Financing
Authentic Italian Restaurant for sale in TN
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Financial Information (non-confidential)

General Information
Asking Price $720,000 Down Payment $520,000
Gross Revenues $1,200,000 Lease Remaining Register Free to View
Owner’s Cash Flow $225,000 Number of FT Employees Register Free to View

Financing

$520,000 Down and Balance financed over 3 years at 5% to a qualified buyer.

Business Description

Very popular neighborhood Italian restaurant in the heart if the city. The restaurant opened in 2019 by a popular 40 year veteran restaurateur. The restaurant is known for its homemade Italian dishes and serving size and its incredible patio view. This business has increased over 30% in revenue during the pandemic and 40% of the business is take out. This is a great opportunity get into a business with a great loyal customer base and location with a neighborhood feel. If you are interested in owning a restaurant that has thrived during the pandemic then this is the opportunity. The seller is also offering some owner financing. Contact Marc Whirl 423.320.5832.

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.