Busy and Beatiful Italian Restaurant

This local favorite is one of the most charming Italian restaurants in the area. A beautifully designed and decorated dining room and bar offer an inviting space where locals and tourists enjoy some of the best Italian dishes around. A 2COP license allows patrons to enjoy their favorite beer and wine while their meal is prepared with only the finest authentic ingredients.
This is a great opportunity for an owner/chef or experienced restaurantuer. The business is only open for dinner four nights per week, leaving plenty of opportunity to increase revenues by expanding to additional days and opening for lunch. Financials are well documented and all sales are run through the latest POS. The business is located in a growing area of the county with very little competition.

Down Payment: $180,000

Total Sales: $279,963

Cash Flow: $80,274

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

Accounts Receivable Included: No

FFE: $20,000

FFE Included: Yes

Inventory: $3,000

Inventory Included: Yes

Year Established: 6

Days & Hours of Operation: Wed - Sat 5pm-9pm

Owner Hours Per Week: 40

Real Estate Included: No

Monthly Rent: $1,439

Square Footage: 1366

Franchise: No

Reason For Sale:

Retirement

Training & Support:

14 days at no cost

Financing/Terms:

$20,000 over 48 months at 6% for a qaulified buyer.