Total of 18659 firms and businesses for sale today Saturday 18th May 2024
Time to Sell or Time to Buy !

Business For Sale. Italian Restaurant

LISTING DETAILS
Firms For Sale ID:
11982
Vendor reference:
723031
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$110,000  
Turnover / revenue:
$66,000
Net profit / cashflow:
$180,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
California business for sale - forty-year heritage of great faire and drinks goes with this ornate and beautifully furnished 96-seat restaurant and bar. The exquisite paneling, antiques and soft lighting create a romantic, old-world setting that encourages quiet conversation and relaxation. Even with an inexperienced Owner, because of the high-traffic location in a wealthy section of the South Bay, this business is providing a positive cash flow of 24;5,500 per month on revenues of 24;15,000. The Owner has come to realize that his lack of experience may be hindering the restaurant achieving it92;s full potential of 3 96; 4 times more revenues and is weary of a long commute. This is an excellent opportunity to acquire a cash-flow-positive business with Liquor License at a reasonable price that has the potential to triple or quadruple earnings with the right buyer. Contact Hoke Nagahori today at 310-539-8300