Business Summary:
Charming 4 month old tablecloth Italian restaurant. Seating for 80 patrons including 12 at bar. C license valued @ $75,000. Fixtures & equipment $80,000. Well kept parking lot for over 30 cars. Owners are forced to sell as they are members of a Christian ministry & are not allowed ownership of a liquor license. Restaurant & bar business gradually increasing. Does 50% bar, 50% food. 65% cash. Food is excellent. Chef will stay on. Present rent $3640/month. No CAM. 2450 sq. ft. w/ over 10 yr lease. Full basement also; there has been a going restaurant on this site for 20 years.
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| Year
Business was Established: 2007 |
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| Number of Employees:
6 FT |
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| Facilities / Terms of Lease:
Table clothed Italian Restaurant/lounge with parking lot seating 80 – 14 at bar, good lease 3,640 month for 24.50 sq ft + basement. |
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| Potential
Growth/Expansion:
Delivery a must – none at present plenty of request for this service – upgrading entertainment and nights available – figures improved because of this opening. |
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| Competition:
No direct competition for fine Italian in entire area – parking lot surrounded by apartment complex. |
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| Owner
willing to finance:
Owner will accept financing payable within 5 years. |
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| Owner
willing to train:
2 wks |
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| Reason for selling:
Other business interest |
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Seller Reference Number: 3192VM
BusinessMart.com Listing Number: 22584 |
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