Beautiful Italian Restaurant for Sale - Owner Retiring

Virginia Beach, VA (Virginia Beach City County)

Seller Financing Available
Beautiful Italian Restaurant for Sale - Owner Retiring
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Asking Price: Get Financing: $125,000

Cash Flow: $60,251

Gross Revenue: $427,219

EBITDA: N/A

FF&E: $60,000

Inventory: $1,000

Lease Rate: $3,312 /Month

Established: 1990

Beautiful Italian Restaurant for Sale - Owner Retiring

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Business Description

Beautiful Italian Restaurant for Sale - Owner Retiring

Beautiful Italian Restaurant and Bar for Sale in Great Virginia Beach Location – Owner Retiring after over 25 years

• $425,000 + Gross sales
• $60,000 + Cash flow
• Operating successfully for over 25 years
• Dinner only 6 days a week
• Catering provided for extra income
• Food made fresh from scratch daily
• Fantastic reputation for food quality and service
• Located in busy strip center
• Recently remodeled
• Fully equipped chef’s kitchen
• Turnkey operation
• 2,400 square foot facility
• Full staff in place
• Seller financing shows confidence in continued success
• Owner will train free of charge for 4 weeks in transition

As always, other brokers are welcome. Bring your qualified buyers while this opportunity still exists!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
50000.00
Support & Training:
4 weeks
Reason for Selling:
retiring
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Contact the Seller

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Lex Meredith

Business Listed By:
Lex Meredith

Transworld Business Advisors

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