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Authentic Italian Restaurant With Bar

Location  Texas,United States
Asking Price Range  $250K - $500K
Gross Revenues  $600000
Net Profit / Cash Flow  $130000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Owner will train new owners for an agreed period of time.
Reason for Sale  Other opportunities.
Description  Authentic Italian restaurant with bar located in a fast growing city is now available for sale! Established by a 30-year-master in Italian dishes, this full-service restaurant offers so-called real Italian foods for its customers to enjoy. Cheese freshly made in house every week makes this Italian restaurant even more unique and competitive to other typical Americanized Italian cuisines, and numerous customers continuously testify the astonished and delicious taste of menus made with the homemade cheese. The restaurant's spirit which is to always serve the best to customers also help this restaurant become the best Italian restaurant in town. Full-Bar in private room (separated from restaurant) is equipped with mini stage for live music and continues to draw more customers at night. Asking: $299,000 Furniture, Fixtures & Equipment: $150,000 (Included in listed price) Inventory: $5,000 (Included in listed price) Financing: Owner will finance to qualified buyers with a 50% cash down. Facilities: Occupied in a 3,150 SF of end-cap space of newly-built retail strip center on major U.S. highway with countless traffic, the prime location of this restaurant along with rapid population growth of this city is contributing to a continuous sales growth of this restaurant. The space is divided into two sections - dine-in area (80%) and bar (20%) between a wall. Competition: House specialties are competitive advantage to other Italian restaurants. Growth And Expansion: Sales are in steady growth. Bar side is also getting more businesses. Primary Phone: 972-247-3202 or 866-519-2421
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