Upscales Italian Restaurant Partnership
Location Pennsylvania,United States
Asking Price Range $500K - $1.0M
Gross Revenues $730900
Net Profit / Cash Flow $265865
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Established, profitable, 125 seat Italian BYOB restaurant for sale. While willing to sell outright, present owner ideally wants to offer a partnership / apprenticeship opportunity. Present owner wants a partner to share the load and profits and better leverage this big business and its excellent location. Present owner offering to train and educate an apprentice who is looking to learn from a master; buyer gets education and 50% equity for $300,000.00. Do not miss this Landmark, must see business, featuring longstanding clientele, the best food available, casually elegant atmosphere, a large convenient cooking line with three stoves, convection oven, wide prep areas and huge storage...and the best busiest location. Seller family demands are reason for opportunity. Seller asking only 10% of purchase price for apprenticeship. Enjoy upwards of 30 seasonal catering gigs and banquets per year. Presently, mainly dine in take out dinner with much opportunity for lunch growth. This biz can be grown with delivery and advertising. Can add pizza to explode!.
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