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Business for Sale Summary

Busy Italian Restaurant in Loudon County, VA - 32851

Business Type: pizza parlour
Busy Italian Restaurant in Loudon County, VA
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Financial Information (non-confidential)

General Information
Asking Price $429,900 Down Payment $429,900
Gross Revenues $1,154,000 Lease Remaining Register Free to View
Owner’s Cash Flow $214,000 Number of FT Employees Register Free to View

Financing

$429,900 Down and

Business Description

Very busy and well established Italian Restaurant located in Loudon County for sale. Been in the community for over 37 years. Currently concentrating on the take out and delivery service. Lease was re negotiated to help the new owner add over $50k to the bottom line. The restaurant was remodeled and the refrigeration was replaced in 2017 all equipment in great working condition.. The owner is now ready to retire and will offer support to the purchaser.

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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.