June 6, 2023 by 0 comments
Busy and Beatiful Italian Restaurant
Location: Volusia County
Industry: Restaurants and Other Eating Places
Listing ID: 47819162
Listing Status: New
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
Accounts Receivable: N/A
Accounts Receivable Included: No
FFE Included: Yes
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
Reason For Sale: Retirement
Training & Support: 14 days at no cost
14 days at no cost
Financing/Terms: $20,000 over 48 months at 6% for a qaulified buyer.
$20,000 over 48 months at 6% for a qaulified buyer.