Popular Italian restaurant
Location: Florida > Duval County > Jacksonville
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $350,000
Gross Revenue: $492,586
Gross Revenue Comments: all info from tax returns
Cash Flow: $138,914
Cash Flow Comments: tax returns
Inventory: $2,500 (Included in Asking Price)
FF&E: $25,000 (Included in Asking Price)
Seller Financing: Easily SBA financing with approved credit.
Business Summary
Extremely well established family Italian restaurant. In business many years with very well established clientele. Very fine food and service. There are full tax returns showing the excellent profitability of this restaurant. Seating for 70 customers and located in strip center surrounded by very hungry residential area.With good buyer credit this should be an easy SBA loan to buy as their are full records and tax returns to back all statements.
About the Business
Year Established: 1996
Employees: 10 full time -
Facilities: well established residential stip center with 2000 square feet with a 10 year lease.
Market Outlook and Competition: will maintain current profitability and has proven growth potential
About the Sale
Management Training and Support: two weeks training
Reason For Selling: owner moving
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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