Italian Restaurant & Full Bar - Large Patio - Established in the city
Asking Price: | $795,000 |
Gross Revenue: | $1,500,000 |
Rent: | $10,500/Month |
Established Year: | 1993 |
Cash Flow: | $270,000 |
Inventory: | $25,000 |
EBITDA: | $270,000 |
This thriving restaurant, located in a prime area, offers a fantastic opportunity for an aspiring restaurateur. With an established concept and a loyal customer base, the venue features 120 seats and boasts gross sales of $120,000 per month with plenty of room for growth. Large bar and full size patio - Great for private events. The lease has 5 years remaining, along with a 5-year option for renewal, ensuring stability for the next owner. Additionally, the Type 47 license is transferable, making the transition seamless. This is a turnkey operation ready for you to step in and continue its success. Don’t miss your chance to acquire this well-established business in a highly sought-after location! For more information or to schedule a viewing, please reach out today.
Proof of funds and Completed NDA (see attached on this ad) are required for additional information.
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