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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
Click Here To Contact Seller
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