Italian Restaurant
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $600000
Net Profit / Cash Flow $180000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1988
Number of Employees 10 - 19
Inventory 150000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training 2 weeks at 10 hours per week following close of escrow.
Reason for Sale Partnership dispute.
Description Over $15,000 Net Profit per month. Known as the ''Italian Riviera of San Fernando Valley'' and voted as the most fun and romantic restaurant in America. With a reputable 19 years, this well known restaurant seats 175 in its very spacious establishment and is located on busy Ventura Blvd. Included over 2,000 sq ft of heated patio dining, surrounded by beautiful fountains. Has a full kitchen with Fixtures, Furniture and Equipment worth at least $150,000. Restaurant has full liquor license and partial entertainment license (piano, violin) currently in place. Two Chefs will stay. Offers banquet facilities and off-site catering. It is currently only open between the hours of 4:30pm-10:30pm and is closed on Mondays. Lots of potential to grow sales by introducing lunch! Email or call Azi Manoussi, Wise Business Advisors, at (818) 933-5222 ext. 101 for more information on this Italian restaurant for sale.
Click Here To Contact Seller
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