Well established & very successful restaurant with adjacent bar

New Castle County, DE

Well established & very successful restaurant with adjacent bar

Asking Price:$1,300,000

Cash Flow:$447,000

Gross Revenue:$1,685,000

EBITDA:N/A

FF&E:$250,000

Inventory:N/A

Established:N/A

Well established & very successful restaurant with adjacent bar

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Business Description

Family owned and operated business that was started over 30 years ago. A Community staple and leading restaurant in the area. Cozy dining area with separate bar area and a full liquor license. Strong dine in/bar, takeout, and delivery business. Serving the area’s best pizza, salads, pasta dinners, among other things on a proven menu. Family home made recipes that provide simple yet very flavorful food that uses quality ingredients.

Detailed Information

Employees:
27
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Very strong and profitable business that is a product of 30 years of hard work to bring it to where it is today. Very loyal employee and customer base in place for a new owner/operator. Great location at lighted intersection in a shopping center with strong traffic and national tenants. Long term lease available to qualified buyer. Open 7 days a week (Mo-Sa 11A - 11P, Su 12N – 10P)
Competition:
Typical competitors for the area, but none that matches the strong dine in business of this establishment, or its clean and inviting dining environment. .
Financing:
Depends on buyer's qualifications
Support & Training:
Current owner will train
Reason for Selling:
Retirement & pursuit of a slower pace life style

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Sotirios Trivellas

Business Listed By:
Sotirios Trivellas

Trivellas Group

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