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Business Listing
| Listing No: | 12101-JA |
|---|---|
| Category: | Restaurants: Italian Restaurant |
| Description: | Restaurant - Italian |
Business Details
| Revenues: | $311,926 |
|---|---|
| Adjusted Cash Flow: | $77,889 |
| Selling Price: | $139,500 |
| Down Payment: | $65,000 |
| General Location: | Sarasota, Florida |
Executive Summary
Price reduced! Only $65,000 down with Seller financing. Or, full cash price of $110,000. Successful, attractive 70 seat (plus opportunity for additional outside seating), independently owned Italian Restaurant. Owner believes the space could allow enough seating to qualify for SRX liquor license. Good value ($65k down) with very attractive, flexible Seller financing terms. Owner Benefit $77,889 per tax return in 2011. The Seller started the business over 10 years ago. Current Owner is selling to retire. The restaurant has a reputation for high quality food, with a very popular menu. Services include catering, take-out and private parties. Owner has invested over $200k to create a beautiful build-out of the approximately 2,400 s.f. leased facility. The business has developed many repeat customers over the years. It is located in a beautiful gulf coast community in Sarasota area of Florida. along a high traffic thoroghfare, with good demographics and access. Lots of parking. Call or e-mail listing agent to get more information about this opportunity.
Last revision: 10/13/2012 17:49:00 PM