This is a confidential sale for a very profitable Italian restaurant located in a prime area with high traffic in the Northern part of East Texas. The restaurant boasts strong financials and well-maintained books, making it an ideal opportunity for a buyer looking to step into a turnkey operation with a track record of success. The restaurant features a fully equipped kitchen, stylish dining area, and a devoted clientele. With its established presence and reputation, there is ample opportunity for growth through catering, delivery services, and expanded hours. Interested parties are invited to inquire for more information and to sign a non-disclosure agreement (NDA) for access to detailed financials. Serious inquiries only, please.
- Asking Price:
- $599,000
- Sales Revenue:
- $796,407
- Cash Flow:
- $257,613
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $3,300.00
- Premises Details:
-
FF&E General Condition: Everything is in good working order.
Business Operation
- Reasons for selling:
-
Opening a new restaurant
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 2
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Terms:$60,000.00 Interest:6% Term Months:60 Monthly Payment:$1,159.97
- Furniture / Fixtures value:
- $50,000
- Inventory / Stock value:
- $8,000
