Established in 2016, 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 Italian dishes, which includes tasty homemade sauces, appetizers, pastas and delicious entrees. The authentic Italian food is tasty, the atmosphere is cozy, the staff is friendly, and the prices are reasonable. Full service catering for special events such as bridal showers, weddings, corporate events, family gatherings help drive increased revenue. Equipment includes 36" grill, convection oven, Jackson automatic dish washer, walk in refrigerator and much more.

General Info

  • OrganizationCorporation
  • Established2016
  • Current Owner2016
  • Employees3 FT, 6 PT
  • Reason For SaleOther Interests

Facilities

  • Seating52
  • Square Feet2,318
  • ParkingPublic Lot
  • LicensesABC, Business License
  • Open HoursM-F 11 am - 9 pm, Sat 12pm - 9 pm, Sun 12 pm - 8 pm

Lease

  • Rent$6,300
  • Expiration2022
  • Yearly IncreaseContact For Info
  • Option5 year option
  • DepositContact For Info

Financials

  • Monthly Revenue$53,000
  • Monthly Cash Flow$4,333
  • Annual Revenue$640,000
  • Annual Cash Flow$52,000
  • Payroll$Contact 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