Established & Profitable Italian Restaurant/Pizzeria with Beer & Wine
Glendora, CA
| Asking Price: | $1,150,000 |
| Gross Revenue: | $2,100,000 |
| Rent: | $12,000 |
| FF&E: | $50,000 |
| Cash Flow: | $332,000 |
| Inventory: | $10,000 |
| EBITDA: | $332,000 |
| Established Year: | 2014 |
Listing ID: 2267659Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established and well-known restaurant in the community with great reviews and a strong following is for sale. This restaurant's sales have grown year over year and this year the sales are expected to go over $2.2m based on first half of 2024. The dining room is spacious and the takeout business is strong. The menu is classic Italian cuisine ranging from pizza, pasta, sandwiches, salads and Italian favorite and classic entrees. There is also beer & wine served to enhance any dining experience and the restaurant is very family & large group friendly.
DETAILED INFORMATION
Location
Glendora, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,600
Lease Expiration
31/03/2034
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
The new owners can expand the delivery business for additional revenues.
Financing
SBA and non-collateralized financing options available.
Support & Training
There will be training at close of escrow.
Reason for Selling
Moving out of state
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