Italian Restaurant
Location Alabama,United States
Asking Price Range < $250K
Gross Revenues $500000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2001
Number of Employees 6 - 9
Inventory Unknown
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training Wiill Provide Training And Support
Reason for Sale Heart Problems
Description Restaurant for sale due to health issues. Gross sales per year are $450,000+/- and is increasing slowly over the past couple of years. The restaurant is 2,500 +/- sqft and is freestanding with ample parking and road frontage on main strip of the town.THE ASKING PRICE IS 85000 INCLUDING ALL EQUIPMENT EXCEPT THE DISHWASHER WHICH IS LEASED.
UPDATE: 4/2/05
WE HAVE HAD THE LISTING UP FORSALE BUT SINCE THEN ARE BUSINESS HAS GROWN AND EXPECTED SALES FOR THIS YEAR IS 500000+ BUT THE ASKING PRICE REMAINS THE SAME AS STATED ABOVE THE REASON FOR SALING IS HEALTH.
THANKYOU
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