220430-TS 50 year established Italian Restaurant

Listing Number: 9525-220430

Description

Fantastic opportunity to own an established Italian restaurant in a prime location. With 50 years in business and 14 years in the same corner location on a major road this is a turn key opportunity for a new owner. With over $200,000 in kitchen equipment, $200,000 in build out, large outdoor seating, and a banquet room for parties this won't last long. Proven success spanning 5 decades means a new owner will not have to be concerned about turnover, and a proven formula and menu means you can come in and start making money immediately.

Listing Details

  • Price: $305,000
  • Down Payment: $305,000
  • Sellers Discretionary Earnings: $97,500
  • Total Sales: $650,000
  • Location: Chesterfield County, Virginia

  • Inventory: $0
  • FF&E: $250,000
  • Employees:
  • Reason for Selling: Retirement
  • Category: Restaurants
220430-TS 50 year established Italian Restaurant

Business Listed By:

Tommy Salmani