Catch THIS!-Best Italian Restaurant & Bar-Look AT PROFITS!

Richardson, TX (Dallas County)

Catch THIS!-Best Italian Restaurant & Bar-Look AT PROFITS!

Asking Price:$595,000

Cash Flow:$355,212

Gross Revenue:$1,260,000

EBITDA:N/A

FF&E:$160,000

Inventory:$10,000

Rate/Sq. Ft.:N/A

Established:2003

Catch THIS!-Best Italian Restaurant & Bar-Look AT PROFITS!

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Business Description

This is an unbelievable opportunity to own a superior money making restaurant. This is a spectacular Italian Restaurant that has been successfully and very profitably operating for13 years. It is has been designed and caters to family style Italian dining. The menu is versatile and appeals to a wide class of people, yet is not difficult to manage.

It has the advantage of having not only a great customer base of satisfied, repeat customers, but also a constant growing clientele from new business. There is a wonderful décor, ambiance, and atmosphere that welcome the customers from the time they see it, but through their entire dining experience. There is a special touch of class, but without being obsessive. It has an extremely well built and equipped kitchen with all the modern equipment and conveniences one would expect from as nice a restaurant as this one is. A note, they have just added a full fire extinguisher sprinkler system.

The restaurant is open for Lunch and Dinners Monday – Saturday, and also has started a great catering service.

Talk about PERFECT! Look! This business has been here for 13 great years, making $$$$$$$$$$$$, with current owner working minimal time. It is a business any owner would be proud of with a great Reputation, client base, location plus, years in operation, and making GREAT PROFITS. The owner has other businesses and is in a position where he is in need to work more with them. Take a look; you will want to jump on this one!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Italian Restaurant has a location to only be dreamed of. It is located on one of the greatest avenues for a restaurant and businesses in all of the area. There is plenty of easy access, clean, comfortable parking. The facility itself is approximately 4600 sq. ft., and laid out in spectacular style and fashion that you just have to see to believe. The lease is $7634 per mo. Which expires 2016 and it has a 5 year renewal option.
Competition:
Minimum in the area. No one can compare to this one It has a super friendly atmosphere and serves the best food using true old Family Recipes.
Growth & Expansion:
Could Immediately have a huge growth by opening on Sundays
Support & Training:
The owner will provide up to Three Weeks of free on-site with 30 days free phone support on an as needed basis.
Reason for Selling:
Owner Has other businesses

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