This is a family-owned Italian restaurant in the heart of Virginia. With a 20-year history, this restaurant is known for its cuisine and atmosphere.
Key Highlights:
Proven Financials: With a three-year average revenue of $520,592 and a three-year average cash flow of $92,354, this restaurant shows strong financial performance.
Authentic Italian Cuisine: The menu has a range of traditional Italian dishes made from fresh, high-quality ingredients.
Loyal Customer Base: After two decades in the community, the restaurant has a repeat customer base and strong reviews (4.4 stars on Google with over 450 reviews).
Fully Equipped Kitchen: The restaurant comes with a well-maintained kitchen and dining area, fully equipped for operation. This allows for a seamless transition for a new owner.
Location: Its location is easily accessible in a high traffic area, making this one of the area's favorite restaurants.
Training and support can be negotiated to ensure a smooth transition.
This is a fantastic opportunity to take over a successful restaurant with a solid foundation for future growth, don’t miss out on this chance!
For more information or to schedule a viewing, please contact us today!
Financial Information
$159,950
Asking Price
$80,312
Cash Flow
$508,767
Gross Revenue
Business Location
City:
Confidential
State:Virginia
Reason for Sale
Retirement
Detailed information
Year Established:2004
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 6
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Inventory Included: Yes
Inventory Value:
$3,000
Monthly Rent:
$3,900
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 2800
FF&E Included?: Yes
FF&E Value: $0
Training/Support
Negotiated time period.
Real Estate Description
Approximately 2,800 square feet of restaurant space. The building features a canopy area with a drive-thru window, ample seating, fully equipped kitchen, a walk in freezer and cooler, and a large parking lot.