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Business Listed by

Sunbelt Orlando

Contact: Brian Gurney
Office Phone: 407-960-7390
Mobile Phone:
Listing ID: ORLANFL001-N1925

Italian Restaurant SBA Qualified with $46K Down

Financial Information

  • Asking Price: $274,500
  • Gross Revenue: $613,629
  • Cash Flow: $90,452
  • Down Payment: $46,000
  • FF&E (Included): $71,396
  • Inventory: $2,000
  • Financing: No

Business Location

  • Osceola
  • Osceola
  • Florida
Primary Business Category: Restaurants

Established Lunch & Dinner restaurant with long term experienced staff & loyal customer base. 25 years with same owner at same location ! Voted " Best in Class " for Osceola County over the last five years ! Strong community involvement in quaint, re vitalized local environment ( recent disruptive construction is now complete ) . Outstanding Growth Opportunities by adding Breakfast, opening on the weekends, expanding delivery services & growing the catering business. Excellent books & records with CPA involvement. Financials based on an Owner Operator . Owner will provide transition training. Expect smooth transitiion for an experienced Buyer. Includes over $ 70,000 in top end restaurant equipment in superb working condition. Seller may consider partial financing for a qualified Buyer . SBA Pre Qualified with only $ 46,000 Down for the fully qualified Buyer ! Good Visa Candidate.


Competition Description


Growth / Expansion overview

Plenty of room for expansion


Support / Training Comments

Seller will provide two weeks of training at no cost to buyer


Financing Comments

Qualified for SBA Financing with $46,000 Down - Balance financed for 10 years at 8.25% - Monthly payment $2,802


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1993
  • Franchise: No
  • Year Acquired: 1993
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Restaurant

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday thru Friday
  • Hours Open: 10AM - 8PM
  • Fulltime Employees: 5
  • Part time Employees: 6
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 2250 sq ft
  • Monthly Rent: $2,963
  • Lease Expires: 12/31/2019

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