Contact Information

 

 

Upscale Restaurant

  • Listing# : 14317
  • Listed Price : $235,000
  • Total Sales : $503,658
  • SIC : 5812
  • Down Payment : $235,000
  • Status : Active
  • Discretionary Earnings : $99,624

Business Type :

Restaurants / Italian Restaurant

Business Description :

Upscale restaurant in a prime location that has been in operation for 15 plus years. The current owner has developed a following at the restaurant over time that continues to visit. In addition, new patrons become returning patrons every year. The restaurant has always been profitable and provides a rare high end dining opportunity at an excellent price point in an area crowded with many lower end eating places.  

The business also has space where multiple events can be held simultaneously. This space has been used for many types of events over the years including rehearsal dinners, seminars, birthday parties, etc. This is an area where more time and effort could be focused to boost revenues immediately.  

All aspects of the business are carefully considered to make the restaurant an enticing place for business people and casual diners to visit. From the decor to the training of the staff to the carefully planned menu the owner has put his knowledge and experience into creating an enjoyable experience.  




Assets/Liabilities:

    • Accounts Receivable $686
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $33,405
    • Incl : No
    • Liabilities $39,540
    • Incl : No
    • FF&E $111,333
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $111,333
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

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