Hampton Roads Italian Restaurant, with Seller Financing

VA

Seller Financing Available
Italian Restaurant

Asking Price:$150,000

Cash Flow:$100,000

Gross Revenue:$420,000

EBITDA:N/A

FF&E:$100,000

Inventory:$8,000

Rate/Sq. Ft.:N/A

Established:2015

Hampton Roads Italian Restaurant, with Seller Financing

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Business Description

* Excellent opportunity for an owner operator to make real money!!!
* High volume pizzeria has been open for 18 months but hasn't reached its peak.
* Deliveries and carry out represents almost 60% of the sales.
* The business exceeded $600,000 in revenue in first (12) months
* Rare city issued Entertainment Permit
* Opportunity to make this a full playground for young adults which is absent in this market

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Expiration:
N/A
Employees:
8 FTE, 10 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,000 sq. ft. leased space
Financing:
Seller will consider some financing for a qualified buyer
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Relocation to Florida

Listing Statistics for Premium Members

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Charles Broadwater

Business Listed By:
Charles Broadwater

Sunbelt Business Brokers / Broadstone Capital LLC.

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