Established in 2012, this restaurant has a loyal customer base and great lease terms. Plus beer/wine license.Customers experience tastes from the Old Country with their Authentic Italian Cuisine. Consistently profitable with room to grow. Passion for great Italian food inspired the owners to create this bistro. The establishment serves the finest in traditional and eclectic Italian dishes, which includes unbelievable soups, appetizers, pastas, risotto, and delicious entrees. Desserts are all homemade and yhe extensive wine list features selections you won't find anywhere else in Simi. The authentic Italian food is tasty, the atmosphere is cozy, the staff is friendly, and the prices are reasonable. The chef has more then 30 years of experience cooking fine Italian cuisine. Full service catering for special events such as bridal showers, weddings, corporate events, family gatherings help drive increased revenue.

General Info

  • OrganizationCorporation
  • Established2012
  • Current Owner2012
  • Employees15 PT
  • Reason For SaleOther Interests

Facilities

  • Seating75 inside + 12 patio
  • Square Feet2700
  • ParkingPublic lot
  • LicensesHealth permit, ABC
  • Open HoursMon - Fri 11A - 10P, Sat/Sun 5P - 11P

Lease

  • Rent$3,300
  • Expiration2022
  • Yearly IncreaseContact For Info
  • Option5 year options
  • DepositContact For Info

Financials

  • Monthly Revenue$74,000
  • Monthly Cash Flow$7,300
  • Annual Revenue$885,000
  • Annual Cash Flow$88,000
  • Payroll$$17,000

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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