ACT NOW! Italian Restaurant

Asking Price:$129,950 Cash Flow:$120,000

Gross Revenue:$575,000

EBITDA:$90,000

FF&E:$120,000

Inventory:$8,000

Lease Rate:$3,100 /SF/Month

Established:2012

Business Description

This restaurant is fast becoming a destination venue featuring the “BEST in Old World Italian Cuisine”. The simple ambiance and eclectic feel as well as the fit and finish of the store is all about featuring the real menu “food”. If you are a restaurant proprietor or chef looking to run your own show, you can keep the current concept or bring your own. The owner will stay on to share all the tremendous recipes and make sure the transition is smooth. This business already enjoys a base of success and operational excellence. Come learn more and you will like what you hear. The business was established more than 5 years ago with roughly 2,800 square feet of restaurant, kitchen and bar with ample parking. Owner will stay on to ensure smooth transition of the business. Bring your knowledge and know how and ideas for improving the business and this business is a real winner.

Call 847.461.3222 Ext 204


Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,800
Lease Expiration:
N/A
Employees:
4 FT, 6/7 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Wonderful facility with new top of the line equipment. The bar is one of the best anywhere. You will be amazed at how clean and top-notch this facility is.
Competition:
The restaurant enjoys fabulous Yelp reviews and is a staple in the community.
Growth & Expansion:
The restaurant is currently open for only dinner 5 days per week. Expand the hours and / or the menu and sales will continue to keep going up. Restaurant has a downtown feel with excellent foot and car traffic and is one of the few locations in the area that has great parking.
Support & Training:
The current owner will stay on to ensure a smooth transition. The current staff is educated in how to cook everything on the menu. Bring your desire to make money and the seller will train you and give you all the knowledge you need.
Reason for Selling:
Other business opportunities