This Fine Dining Italian Restaurant has been established for over 15 years. Great Books and Records show solid profitability. Known for its high quality food and elegant atmosphere.
- Asking Price:
- $699,900 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $988,692
- Cash Flow:
- $273,683
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Long term options available in lease
- Leasehold Rent:
-
$75,000 per annum
- Location:
-
Immaculate, beautifully built out establishment that has fantastic amenities. Private dining area, outside patio area, bar area.
Business Operation
- Expansion Potential:
-
Currently open 6 days a week for dinner only!
- Competition / Market:
-
This restaurant is a stand out in typically crowded market. Located on a busy road in a high population area.
- Reasons for selling:
-
Retirement
- Employees:
- 11
- Years established:
- 17
Other Information
- Support & training:
-
Up to 3 weeks transitional training shall be provided free of charge. Longer term support can be provided if a employment arrangement is worked out.
- Furniture / Fixtures value:
- $200,000 - included in the asking price
- Inventory / Stock value:
- $25,000 - included in the asking price