Profitable, Established Italian & Pizza Restaurant

  • Listing# : 12509
  • Listed Price : $579,000
  • Total Sales : $888,098
  • SIC : 5812
  • Down Payment : $115,800
  • Status : Active
  • Discretionary Earnings : $339,347

Business Type :

Restaurants / Italian Restaurant, Restaurants / Pizza Shop, Restaurants / Full-Service Restaurants, Restaurants / Catering, Restaurants / Gourmet Dining

Business Description :

Rare opportunity to purchase a highly profitable and well-established, authentic pizzeria and Italian restaurant. 

Acclaimed as best in the area and one of the top in Iowa, this business serves tasty pasta with scrumptious sauces, wonderful pizza and steaks. The business uses wholesome ingredients and locally-sourced foods for proprietary sauce and other recipes. 

The company utilizes proven efficient and effective best practices operating and organizational processes. In addition to fine dining experience, the business strategy involves delivery, carry-out and some event catering.

With strong revenues, the company enjoys great margins and low overhead. This business has afforded attractive owners discretionary cash flow. Add-backs are verifiable.

This regionally popular dining establishment is recognized for high quality food and service with enviable reviews and high ratings on TripAdvisor, Yelp, Urbanspoon, Zomato, Facebook and Google. This brand has a great website. The business also uses effective local advertising.

Assets/Liabilities:

    • Accounts Receivable $4,555
    • Incl : No
    • Real Estate $200,000
    • Incl : Available
    • Inventory $2,000
    • Incl : No
    • Liabilities $235,097
    • Incl : No
    • FF&E $75,431
    • Incl : Yes
    • Other: $161,304
    • Incl : No
    • Leasehold $139,725
    • Incl : No
    • Total Assets $75,431
    • Incl : Yes

Lender Prequalified: Yes

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