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BUSINESS FOR SALE - PROFILE #  BBF-951-40008

Restaurants|Italian Restaurant
Shopping Plaza right on a Major Road in Lee County

Asking Price: $1,850,000   Down Payment: $290,000  
Gross Revenue: $1,100,000   Adj. Cash Flow*: $229,000  
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Executive Summary
Classic Italian Restaurant with F.S.B. Property awarded 4 stars & named among top 500 restaurants in US.180 seats with full bar. Cozy family ambience. Private dining rooms for special events. Very reliable, long lasting skilled staff. Opened for Dinner only! Perfect for a couple. Owner will explain how to increase the activity of 25% min.! Disclosures to Buyer with NDA & POF only. SBA prequalified with $290K down including $50K working capital. $66K rental cost to be offset against annual SBA loan cost.

Acquisition Highlights

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

Asset Information (estimated fair market value)

Established in: 1989 Inventory: $20,000 Included
Employees: 4 FT, 9 PT , 1 Mgrs Furniture, Fixtures & Equipment: $200,000 Included
Lease/Rent: $5,500 Real Estate: $1,350,000 Included
Building Sq Ft: 5348
    Total Assets Included in Sale: $1,730,000
 
* 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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