Established Italian Restaurant for Sale in Alabama

Jefferson County, AL

Seller Financing Available

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Asking Price:$250,000
Gross Revenue:$600,000
FF&E:$70,000
Cash Flow:$140,000
Inventory:$2,000
Established Year:2014
BUSINESS DESCRIPTION

Established Italian Restaurant for Sale in Alabama

LISTING ID # 36514

Charming and Long-Established Italian Restaurant for Sale – Tremendous Growth Potential! This beloved Italian restaurant, operating for over 10 years, is a local gem with a strong, loyal clientele. Known for its warm and inviting atmosphere, this family-owned establishment is a favorite among residents for its authentic Italian dishes and excellent service. With a trained staff in place, the transition to new ownership will be smooth and seamless. Grossing approximately $600,000 annually, the business is currently run by a husband-and-wife team who are retiring. The business offers the new owner immediate earnings of around $100,000 and the opportunity to significantly increase revenue by expanding operating hours. Currently only open for dinner, there is huge potential to introduce lunch service or extend evening hours to capitalize on the growing demand in this affluent area. Located in a vibrant community this restaurant offers a stable, high-spending customer base. A robust online presence with glowing reviews adds to the restaurant’s draw, especially during the holiday season when demand for dining experiences skyrockets. This is a rare opportunity to own a well-established and highly regarded restaurant with room for growth in both revenue and service offerings.


DETAILED INFORMATION
Location
Jefferson County, AL
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
125,000.00 Down & balance of $125,000 for 18 months @ 10%
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested
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Vested Business Brokers, Ltd