Listing ID: 13832

Business Overview

THE PROPERTY ALONE IS WORTH THE ASKING PRICE.

This Italian restaurant sits alongside many businesses and faces a busy throughfare. Street parking is available as well as a small parking lot nearby. Restaurant is walking distance from multiple neighborhoods. Inside offers seating for up to 250 guests and features beautiful d├ęcor. Menu items include classic Italian dishes and pizza by the slice. This is an established restaurant with the same owner for 51 years. Building features a full basement with lots of storage space. Restaurant has a full liquor and cabaret license and frequently hosts live events. Business sale includes the property. This is a popular restaurant in a fantastic high-traffic location.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $3,300,000
  • Cash Flow: $300,000
  • Gross Revenue: $1,800,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 1971

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:6,200
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This Italian restaurant sits alongside many businesses and faces a busy throughfare. Street parking is available as well as a small parking lot nearby. Restaurant is walking distance from multiple neighborhoods.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

Menu items include classic Italian dishes and pizza by the slice. This is an established restaurant with the same owner for 51 years.

Opportunities and Growth:

Restaurant has a full liquor and cabaret license and frequently hosts live events. Business sale includes the property.