Busy Italian Restaurant in Loudoun County, VA - 32851 Business Type: other eating & drinking places,restaurant/ cafes/ diners,seller financing available,pizza parlour
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $300,000 | Down Payment | $240,000 |
| Gross Revenues | $1,343,743 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $45,000 | Number of FT Employees | Register Free to View |
Financing
$240,000 Down and 20% down and $3k/month for 80 months.
Business Description
Check out this established Italian restaurant in Loudon County.
This restaurant has been a community staple for over 40 years, with revenue evenly split between dine-in and takeout/delivery services.
The restaurant was recently remodeled and the refrigeration equipment was replaced in 2017, and the lease has been renegotiated to add over $50k to the bottom line.
With a focus on takeout and delivery, we've adapted to meet the needs of today's busy customers.
The owner is ready to retire and will provide support to the purchaser.
The owner also open to financing options, but potential buyers must have experience in running a restaurant.
For more details, call broker Mike Perdue at 1-877-735-5224.
Don't miss out on this amazing opportunity to own a successful Italian restaurant in Loudon County!
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.
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