Italian Restaurant and Pizzaria

Orange, VA (Orange County)

Italian Restaurant and Pizzaria

Asking Price:$99,000

Cash Flow:N/A

Gross Revenue:$350,000

EBITDA:N/A

FF&E:$200,000

Inventory:$15,000*

Rate/Sq. Ft.:N/A

Established:1992

*not included in asking price.

Italian Restaurant and Pizzaria

Get Financing Save Print Share Valuation Report

Business Description

Established Italian restaurant in Orange, Virginia or sale. Lunch and dinner buffet, pizza delivery, and menu entrees and appetizers available. Beer and wine license transfers, can add ABC if desired. Proven business has done phenomenal sales in years past, seller is suffering with health issues, must sell. Everything transfers, all equipment, and goodwill. 2,100 sq ft upstairs apartment available for rent if desired.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful established restaurant for sale. City owns and maintains open surface parking lot fronting business. Over 3,000 sq ft includes seating area, party room, basement storage, kitchen, and office. Oversize walk in cooler and freezer. Rent $3,200 per month. Also includes an apartment above for rent. Perfect for a live-in owner/manager.
Competition:
This is the only restaurant of this type in town. It has been established for many years and is a part of the community.
Growth & Expansion:
The sellers currently offer some catering and delivery, and adding to this service will allow for more expansion. Increasing marketing, advertising, and a strong online presence will bring more attention and customers.
Financing:
Will consider.
Support & Training:
Seller will train for free.
Reason for Selling:
health reasons
Business Website:
http://www.cabbllc.com

Listing Statistics for Premium Members

Ad#:1271730 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

Michael Wilmore

Business Listed By:
Michael Wilmore

Capital Area Business Brokerage

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Vitality Bowls

Franchise Opportunity
Capital Required: $200,000