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BUSINESS FOR SALE - PROFILE #  BBF-95140012

Restaurants|Italian Restaurant
Main Shopping Plaza right on a Major Road

Asking Price: $495,000   Down Payment: $45,000  
Gross Revenue: $668,000   Adj. Cash Flow*: $151,500  
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Executive Summary
Well known/profitable Italian restaurant/pizzeria located in main shopping plaza with same owner for 19 yrs. Licensed beer and wine. 65 seats inside +16 outside. Shopping plaza completely remodeled with new added major anchors. Rent is total monthly amount including water bill. Sales activity increasing yearly by 15% min! 2018 P & L FIGURES ARE JAN-MAY! Disclosures to proven qualified Buyer only. SBA Lender prequalified with Buyer cash down of $45K+ $50K as working capital & closing costs!

Acquisition Highlights

  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1999 Inventory: $5,000 Included
Employees: 7 FT, 3 PT , 1 Mgrs Furniture, Fixtures & Equipment: $70,000 Included
Lease/Rent: $3,620 Real Estate:
Building Sq Ft: 1,650
    Total Assets Included in Sale: $95,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Lino Galati
Phone:  (239) 284-1317
Fax:  (239) 603-6235
Other:  (239) 851-6692
E-mail:  lino@truforte.com
Truforte Business Group
8270 College Pkwy #105
Fort Myers, FL 33919
www.trufortebusinessgroup.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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