Italian Eatery Franchise-Part-Time Owner -28307

Nassau County, NY

Seller Financing Available
Italian Eatery Franchise-Part-Time Owner -28307

Asking Price:$249,000

Cash Flow:$116,772

Gross Revenue:$622,120

EBITDA:N/A

FF&E:$150,000

Inventory:$5,000*

Established:N/A

*not included in asking price.

Italian Eatery Franchise-Part-Time Owner -28307

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Business Description

Italian Eatery Franchise with a part-time owner. They specialize in Italian cuisine for lunch and dinner only. They have a beer & wine license as well. This business was built from scratch 3 years ago and has shown consistent growth since they day they opened. At this point the owner has a solid staff and is able to oversee operations in approx. 15 hrs/wk. This is a growing brand name in NY with many locations. In the past year this location grossed approx. $675,000.00 with a cash flow of approx. $120,172.00 (with a p/t owner). THEY HAVE A FANTASTIC 17 YEAR LEASE AT ONLY $2,000/MTH WITH 2% ANNUAL INCREASES. This is your opportunity to purchase a growing business with practically new equipment in a revitalized area. We are seeking a serious and financially qualified buyer with at least $190K in liquid funds and some food service experience. If you fit the criteria, please call 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Detailed Information

Inventory:
Not included in asking price
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
190,000.00 Down & $59K over 4 yrs. @ TBD
Support & Training:
The seller will train the new owner.
Reason for Selling:
Other projects.
Business Website:
http://www.vestedbb.com

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Vested Business Brokers, Ltd

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Vested Business Brokers, Ltd

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