Italian Bistro

Havertown, PA

Seller Financing Available

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Asking Price:$299,000
Inventory:$12,000
FF&E:$100,000
Gross Revenue:$900,000
Rent:$4,950
Established Year:1990
BUSINESS DESCRIPTION

Charming Fine Dining Italian Restaurant. Newly Renovated Owned and operated a quarter century this restaurant is BYOB & 100% Turn Key. Restaurant currently grosses 15,000 plus a week and nets 235k cash per year. This is additional space available to expand and add a liquor license. The lower level is 75% vacant and could be renovated into a Wine bar with additional seating. A liquor license could be added increasing sales to 2 million and 800, 000 net net.


DETAILED INFORMATION
Location
Havertown, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,000
Lease Expiration
31/01/2025
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Newly renovated dining room
Competition
None, in its a class of its own
Financing
For qualified Individual
Support & Training
Turn Key, full training & 90day consulting
Reason for Selling
Moving
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Matthew
Titus
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Matthew Titus