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BUSINESS FOR SALE - PROFILE #  BBF-117213995

Restaurants|Italian Restaurant
West Broward

Asking Price: $899,000   Down Payment: $899,000  
Gross Revenue: $2,466,732   Adj. Cash Flow*: $338,217  
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Executive Summary
Extremely Profitable Upscale Italian restaurant in West Broward. Est. 15 years as a high end Italian restaurant catering to a family community. 5000 sq ft. Seating for 150 inside & 50 for patio dining. Over $600k invested in remodel in 2013. Sales exceed 2 million+. Owner benefit $338k for 2017. Visa qualified. Experienced kitchen staff (owner doesn't cook). Fully equipped kitchen w/ walk in & 24 ft. hood system + two 8 ft. hoods. 3 yrs tax returns on file. 4Cop SRX liquor license inc. Loyal clientele.

Acquisition Highlights

  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2003 Inventory: $30,000 Included
Employees: 16 FT, 3 PT Furniture, Fixtures & Equipment: $50,000 Included
Lease/Rent: $20,877 Real Estate:
Building Sq Ft: 5000
    Total Assets Included in Sale: $280,000
 
* 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:  Russell Cohen
Phone:  (954) 900-2685
Fax:  (954) 510-2332
Other:  (954) 646-7651
E-mail:  rcohen@murphybusiness.com
MURPHY BUSINESS & FINANCIAL SERVICES DAVIE
5220 S UNIVERSITY DR. STE C203
DAVIE, FL 33328
www.sflabusinesses4sale.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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