Charming Italian restaurant, consistent money-maker, that has been serving authentic Italian cuisine since 2006. Sales over $1.5 million in 2016 only being open 6 days/week. Closed Mondays. This year on track to do more sales. Cozy and intimate with seating for 70.. Beer and Wine License included, Popular for elegant banquets and the more casual lunch and dinner parties. Fully equipped kitchen with Fire Suppression Hood. Detailed equipment list is available. Perfect family business. Great location !!! Surrounded by many Wineries; many Bed & Breakfasts; many Hotels; RV Parks. Exploding tourist region; nearby schools, as well as being a favorite with steady local regulars. Opportunity is knocking. Fill out a Non-Disclosure Agreement located at the top of the page to get more information and a complete equipment list Call today......... Must see this opportunity to live and work in one of the most beautiful cities on the California Coast.

General Info

  • OrganizationContact For Info
  • Established2006
  • Current Owner2006
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating70
  • Square Feet2000
  • ParkingContact For Info
  • LicensesBusiness-Health-ABC beer/wine
  • Open HoursOpen 6 days lunch / dinner closed Mondays

Lease

  • Rent$5,600 inclusive
  • Expiration2022
  • Yearly IncreaseContact For Info
  • OptionOne 5 year option
  • Deposit$5,500

Financials

  • Monthly Revenue$125,000
  • Monthly Cash Flow$13,000
  • Annual Revenue$1,500,000
  • Annual Cash Flow$156,000
  • PayrollContact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location