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Established Italian Restaurant on Busy Street for sale in Temecula Valley, CA

Temecula Valley, California (CA)

Asking Price: Gross: Cash Flow:
$ 239,000 $ 642,000 $ 128,000

Furniture and Fixtures Value:
$ 175,000 (included in the asking price)

Business Summary:
This Italian restaurant has been operating for over 10 years with proven high profits. This business has been pre-qualified for an SBA loan with only a 10% down payment! Also, this business is ideal for E2 Visas from treaty countries. This restaurant is currently only open for dinner and has a very loyal customer base. In addition to dinner there are high volume catering sales that are growing year over year. Lots of opportunities for additional revenue - potential to open for lunch/breakfast/brunch. Seller wants to move back to East Coast to be with her family. Please contact Shawn Ko at 760-473-1187, [email protected], for more information.

 

   
Year Business was Established: 2007
   
Number of Employees: 9  
   
Facilities / Terms of Lease: Lease ends 9/2020 with 1, 5 year option  
   
Owner willing to train: 2 Weeks  
   
Reason for selling: Moving out of state  
   
Seller Reference Number: 106-15280
BusinessMart.com Listing Number: 246979
 

 

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