SBA Pre- Qualified with approximately $210K down required.
The 2021 Sales Were an Astounding $2,632,000, up from $1,325,644 in 2020 despite being closed for 80 days due to Covid. 2019 Sales were $1.55M. . ***2021 Complete financials coming soon!
This authentic Italian Restaurant is Rated 5 Stars by Google, Yelp and Open Table and dominates in it's market because if its Quality Fresh Food and Great Ambiance.
What's the Upside? It's open short hours on Saturdays and Sundays and closed for many important holidays - including Mothers Day; Demand is clearly there for it to open longer hours, however Seller prefers to spend more time with his family.
After the 2 week free training period Seller may stay on as consultant or as a part-time manger. Sellers Requires All Buyers are Qualified before disseminating additional information.
Qualified buyers who meet the management criteria to take ownership and responsibility of this listing’s Flagship location, can request an owners meeting to discuss the details of the restaurant model and a confidential presentation on brand strategies critical to exciting digital hospitality market changes ahead.
Owners Benefits at the end of 2021 estimated at $480K on sales of $2.5M+. Sales continue to grow annually. Despite being closed for over 2 months in 2020, due to Covid, this business was still able to generate sales of $1.35M.
As this is a Confidential Sale all Serious Buyers must sign a NDA in the attached Offering Memorandum and be pre-qualified before further information is disseminated.