Italian Restaurant For Sale
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $837311
Net Profit / Cash Flow $80582
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 10 - 19
Inventory 400000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Other business interests.
Description Since 1997, this full service Italian restaurant has served thousands of satisfied customers. The present ownership team has further developed the reputation of the business since purchasing the business in 2003 as it is now recognized as one of the best dining experiences in the local market area.
An extensive menu of Italian dishes is offered to customers and is complimented by a wine selection which is unparalleled in the local area. In addition to seating for 120 in the main dining area, a banquet room is also available for use by larger groups and events which can seat 80 guests. During most of the year, an exterior courtyard is utilized as well as an area for diners to be seated as well which increases the seating capacity of the restaurant by another 100 seats. A separate wine tasting room will accommodate an additional 50 customers. The liquor license to be conveyed with the business is a Type 47 license which allows for the sale of beer, wine and alcoholic beverages in addition to the sale of packaged beer and wine for off premise consumption. Contact for more information on this Italian Restaurant for sale.
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