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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Classic Italian Restaurant

Location  Ohio,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1018000
Net Profit / Cash Flow  $175000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1986
Number of Employees  10 - 19
Inventory  60000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Yes
Reason for Sale  Retirement
Description  Established over 20 years ago, this beautifully decorated, fine dining Italian restaurant enjoys a loyal and growing clientele which has produced over $1,000,000 in sales in 2011 and owner earnings averaging over $200,000 the past 3 years. The menu is a classic Italian menu which is simple, but elegant. The soon to be retired owner has invested over $250,000 in furnishings, state of the art equipment, and fine decor to make this a very well managed and professionally operated restaurant. The kitchen is very efficient and immaculately clean. There is an excellent staff that has been in place for many years which includes a head chef, a manager, cooks, servers, and a bartender. This is an established location in the heart of an upscale community in Greater Cincinnati. This is a popular location for rehearsal dinners, holiday parties, romantic dinners, and special family gatherings. Included in the price is a full liquor license. Owner prides himself in his long and well selected wine list with many older vintages. Bank financing available for qualified buyer with 25% cash down. Asking price is $549,000. Call Dan at 513/315-3006.
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