270 seats (Italian)restaurant, Successful turn key liq lic or BYOB

Delaware County, PA

270 seats (Italian)restaurant, Successful turn key liq lic or BYOB
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Asking Price: $1,200,000

Cash Flow: $340,000

Gross Revenue: $4,500,000

EBITDA: N/A

FF&E: $200,000

Inventory: N/A

Rent: $10,000 /Month

Established: 2009

270 seats (Italian)restaurant, Successful turn key liq lic or BYOB

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Business Description

The owner who built this Restaurant from scratch can only be describe as 'Passionate'. With long standing foundation of integrity. Restaurant seats 270/7000 sq. ft. and is unpretentiously subtle yet sophisticated, with an atmosphere that is cheery
full of love and hospitality. There are 5 separate dining areas.The secret is experience, pricing, extensive colorful menus with a wide array of selections of Italian and French classic in a great location. Extraordinary Rent $10,000 and lease till 2025 The owner will stay for 1 year. Proof of funds would be required. There is also a liquor license if buyer would like to have ($200,000)
A Separate Large Banquet room for sale as well
the restaurant allows BYOB (this is what its known for)but also has a liquor license Banquet room is also for sale

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,500
Lease Expiration:
1/23/2026
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
kitchen is "more" than fully loaded! Full equipment list available. 270 seats, 4 separate dining rooms, Patio, terrace, cozy rooms for pricate parties
Competition:
No Competition
Growth & Expansion:
The owner of this establishment is always adding features i.e.Patio, service bar. cozy separate rooms,
Financing:
possible with qualified
Support & Training:
owner will stay for one year
Reason for Selling:
Owner would like to retire
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Contact the Seller

(from currently available funds)
 
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Judy Sweeney

Business Listed By:
Judy Sweeney

WESTPORT BUSINESS BROKERS

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