Must See Must Taste Landmark Italian Restaurant
Location Virginia,United States
Asking Price Range $250K - $500K
Gross Revenues $650000
Net Profit / Cash Flow $167697
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1976
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Relocating.
Description Motivated sellers have just dramatically reduced the purchase price for this long established landmark 180 seat, two dining room Italian restaurant. Features include: 1 owner for over 20 years, a sparklingly strong reputation bring patrons from as far away as 60 miles. Owner nearing retirement wants to sell while still connected to his customers. As the seller is the land lord, they are, willing to write a mutually agreeable lease for the right buyer. This business is well managed, offering only the best Italian food and pizza. All food made fresh daily. Business split evenly 30%- 30% -30% between Pizza, dinners and sandwiches. The other ten percent is Beer and wine. Biz comes with a beer and wine license.
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