Established Italian Restaurant for Sale in Alabama - 36514 Business Type: other eating & drinking places,other food stores,owner financing available,pizza parlour,restaurant/ cafes/ diners
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $250,000 | Down Payment | $125,000 |
Gross Revenues | $600,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $140,000 | Number of FT Employees | Register Free to View |
Financing
$125,000 Down and balance of $125,000 for 18 months @ 10%
Business Description
Charming and Long-Established Italian Restaurant for Sale – Tremendous Growth Potential!
This beloved Italian restaurant, operating for over 10 years, is a local gem with a strong, loyal clientele. Known for its warm and inviting atmosphere,
this family-owned establishment is a favorite among residents for its authentic Italian dishes and excellent service. With a trained staff in place, the
transition to new ownership will be smooth and seamless.
Grossing approximately $600,000 annually, the business is currently run by a husband-and-wife team who are retiring. The business offers the new
owner immediate earnings of around $100,000 and the opportunity to significantly increase revenue by expanding operating hours. Currently only open
for dinner, there is huge potential to introduce lunch service or extend evening hours to capitalize on the growing demand in this affluent area.
Located in a vibrant community this restaurant offers a stable, high-spending customer base. A robust online presence with glowing reviews adds to the
restaurant’s draw, especially during the holiday season when demand for dining experiences skyrockets.
This is a rare opportunity to own a well-established and highly regarded restaurant with room for growth in both revenue and service offerings.
To learn more, please contact the broker Ivory Coats at 678-459-4095.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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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