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Businesses For Sale   >>   Banquet Businesses For Sale   

Upscales Italian Restaurant Partnership

Location  Pennsylvania,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $724000
Net Profit / Cash Flow  $284265
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1994
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller Will Provide Training
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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