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Businesses For Sale   >>   Restaurants and Fast Food (Non-Franchise) Businesses For Sale

Italian Restaurant

Location  Alabama,United States
Asking Price Range  < $250K
Gross Revenues  $500000
Net Profit / Cash Flow  $100000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2001
Number of Employees  6 - 9
Inventory  Unknown
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Training  Wiill Provide Training And Support
Reason for Sale  Heart Problems

Description  
Restaurant for sale due to health issues. Gross sales per year are $450,000+/- and is increasing slowly over the past couple of years. The restaurant is 2,500 +/- sqft and is freestanding with ample parking and road frontage on main strip of the town.THE ASKING PRICE IS 85000 INCLUDING ALL EQUIPMENT EXCEPT THE DISHWASHER WHICH IS LEASED. UPDATE: 4/2/05 WE HAVE HAD THE LISTING UP FORSALE BUT SINCE THEN ARE BUSINESS HAS GROWN AND EXPECTED SALES FOR THIS YEAR IS 500000+ BUT THE ASKING PRICE REMAINS THE SAME AS STATED ABOVE THE REASON FOR SALING IS HEALTH. THANKYOU


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