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