Established Fine Italian Dining Restaurant with a Bold Reputation

Denver, CO (Denver County)

Established Fine Italian Dining Restaurant with a Bold Reputation
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Asking Price: $199,000

Cash Flow: $90,000

Gross Revenue: $420,000

EBITDA: N/A

FF&E: $75,000

Inventory: $50,000*

Established: 1995

*not included in asking price.

Established Fine Italian Dining Restaurant with a Bold Reputation

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Business Description

This is the perfect opportunity for an owner/chef/operator looking for an established restaurant with a great reputation, solid growth and an ability for six digit profits. The current owner is fully hands on and to make the same earnings the new owner will need to fill that role. There is plenty of opportunity to add to grow the business through extending hours to include lunch and Monday’s, the restaurant is only open 30 hours per week. There is a catering van included in the sale and catering and delivery are growth options as well. The food is made fresh from scratch from family recipes and the location has an east coast flair. The business has been in the same location for over two decades. The space could be flipped to a new concept as the space can accommodate multiple restaurant styles.

Gross Sales: $225,000
Cash Flow: $90,000
Asking Price: $199,000
Reason for selling: Retirement
Training and support: 2 to 4 weeks

Detailed Information

Inventory:
Not included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
Retirement
Business Website:
http://tworld.com/locations/centraldenver/listings/Italian-Dining-Restaurant-
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Contact the Seller

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Chris Warfel

Business Listed By:
Chris Warfel

Transworld Business Advisors of Colorado

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Sponsoring Broker:
Al Fialkovich, CBI

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