Lucrative Italian restaurant that can easily be run as a full service restaurant or counter service café. Shopping center location on major blvd. Plenty of take out orders with Door Dash, Uber Eats and catering. Warm décor with seating for 30 inside and 8 outside. Restaurant features attractive wall bench seating, wooden tables & chairs, large service counter plus, self serve drink fountain. Full menu serving: pizza, pasta, chicken, sandwiches, salads and beer & wine. Owner is absentee. Kitchen includes: 20 ft hood, walk in cooler, double deck conveyer pizza oven, 6ft, 5ft, 4ft and 3ft refrigerated prep tables, 2 door under counter freezer, 8 burner stove with double oven, double fryer, microwave, warming table, meat slicer, Hobart floor dough machine, grease interceptor, Aldelo POS system, 5 camera security system, speakers, coffee maker, bread warmer, 1 -TV. Leased dishwasher, s/s racks

General Info

  • OrganizationContact For Info
  • Established1957
  • Current Owner2017
  • Employees13
  • Reason For SaleOther Interests

Facilities

  • Seating30
  • Square Feet1250
  • ParkingLot
  • LicensesABC, Health Dept, City Business License
  • Open HoursDaily 11am-9pm

Lease

  • Rent$4,200 gross
  • ExpirationDec 1st 2025
  • Yearly IncreaseContact For Info
  • Option1-5 year
  • DepositContact For Info

Financials

  • Monthly Revenue$52,639
  • Monthly Cash Flow$10,250
  • Annual Revenue$631,000
  • Annual Cash Flow$111,000
  • 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.

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