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Businesses For Sale   >>   Italy Businesses For Sale Categories   >>   

Historic Restaurant For Sale

Location  Italy
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1900
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Owned
Reason for Sale  Non-core business for the owners.
Description  Restaurant for sale (property + business) in one of the most beautiful cities of the Northern Adriatic coast, located within easy driving reach from the city centre and 5 minutes from the Slovenian border. The restaurant has been a traditional meeting point and venue for private celebrations for local families for many generations now. The built-area of the property adds up to 1500 sq.m. and is surrounded by its own land plot on which additional building potential is allowed (500 sq.m.). Overall seating capacity of the restaurant area : approx.300 people Part of the property is currently being used as a hotel, with 21 rooms enjoying an excellent occupancy rate. The whole property underwent complete refurbishing in 2007; kitchen- and other equipment was completely renewed. Some wings of the property could be used as well to organize exhibitions, private events and celebrations, cocktail receptions, etc. For further info please contact.
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