Italian Deli And Restaurant
Location Connecticut,United States
Asking Price Range $250K - $500K
Gross Revenues $551000
Net Profit / Cash Flow $228529
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1969
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Owner is retiring.
Description The word ''unique'' fails to adequately describe this terrific concept developed by the current owners. It's a high end Italian deli, market, and restaurant all rolled into one. The restaurant for sale, which has a full liquor licence, has been open for a year and it has taken off like a rocket! Lines out the door on Thursdays, and Fridays and Saturdays are reservation only! Net profit has increased by 50.4% and discretionary cash flow has increased by 69.6%! When looking at the Business Profile please note that the Payroll and Payroll Taxes are projections only as this is a family run business. This is one of only a handful of retail food establishments whose sales have grown significantly during these difficult economic times. Definitely a MUST SEE!
Click Here To Contact Seller
|
|