Italian Restaurant On Busy Boulevard Long Established

Encino, CA (Los Angeles County)

Italian Restaurant On Busy Boulevard Long Established

Asking Price:$159,000

Cash Flow:N/A

Gross Revenue:$360,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Italian Restaurant On Busy Boulevard Long Established

Get Financing Save Print Share Valuation Report

Business Description

Italian Restaurant On Busy Boulevard Long Established

Italian Restaurant On Busy Boulevard Long Established

RRC#: 2450
Asking Price: $159,000
Location: Encino, Los Angeles County, California
Yearly Revenue: $360,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $4,244

LISTING DESCRIPTION:
Established in 2003, this restaurant has a loyal customer base and great lease terms. Beer/wine license. While this restaurant specializes in northern Italian food, they also offer a number of classic dishes like Gnocchi Marinara and Penne Alfredo. Using use fresh ingredients, and organic whenever possible (milk, coffee, chicken, eggs, greens, and more). Also offered is a variety of items for vegetarians, vegans, and those with special dietary needs. For those on a gluten-free diet, gluten-free pasta made from brown rice flour. Dinner specials change often to reflect one of Italy’s twenty glorious regions — so there’s always something to look forward to! Equipment includes: 8’ hood, 6’ hood, Two Bev Air refrigerators (3 door & large), True cooler 3 door, freezer, tankless water heater, wine cooler, POS system, surveillance camera, sound system, Victoria Expresso Maker, Scotsman CU 50 ice maker, Baker’s Pride pizza oven and much more.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2003 | Current Owner: 2003 | Employees: 11 PT/2 FT | Seating: 54 - can add more | Square Footage: 2000 | Parking: Street, back lot | Licenses Required: ABC license, health permit | Days Open/Hours: Tues-Sun 5:30 P - 10 P | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $360,000 |

LEASE INFORMATION:
Monthly Rent: $4,244 | Lease Expiration: 7/2020 | Lease Option: Option to renew | Security Deposit: 6000 |

Listing Statistics for Premium Members

Ad#:1266498 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Steven D . Zimmerman CBB, CBI

Business Listed By:
Steven D . Zimmerman CBB, CBI

Restaurant Realty Company

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Find out more...

Get more details about this business.


Similar Listings


Bennigan's Grill & Tavern

Franchise Opportunity
Capital Required: $1,200,000