Great Deal - Popular Italian Restaurant
Location Illinois,United States
Asking Price Range < $250K
Gross Revenues $225000
Net Profit / Cash Flow $36000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1992
Number of Employees 4 - 5
Inventory 25000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Owner to train up to 5 days. May stay on part - time.
Reason for Sale Owner wants to retire.
Description Turn-key opportunity at a great price! Established and profitable Italian restaurant for sale has been a fixture in the local community for 17 years and at this city center location for 3 years. Extensive menu of popular lunch and dinner choices at attractive prices. Add Pizza for a sales boost. No Competition in area. New refrigerated 40-item Salad Bar. Liquor license. Many possibilities for growth. Sunday Brunch and catering were profitable but dropped due to reduction in owner work hours. Located on a busy thoroughfare in downtown of medium Central IL city. Good evening dinner crowd with Fri/Sat night full house. 3,000 SF Restaurant plus full basement plus 2nd story storage. Seating for 80, but space available for more. Masonry building with attractive interior decorating. Nice restroom facilities. Extensive stainless steel kitchen equipment (grills, fryers, ovens) and numerous freezer/coolers, along with shelving units and tables/chairs are included in the Gross Lease of $2,800 per month. Turn-key at $30,000. Email or call Paul Lourash, 217-429-3170.
Click Here To Contact Seller
For more opportunities like this go to:
|
|
NEWSLETTER
|
|
Sign up for Free Industry-Related News on Business and Franchise Opportunities
|
|
