Exceptionally Priced Italian Restaurant

Fairfax County, VA

Exceptionally Priced Italian Restaurant
Contact Seller

Asking Price: Get Financing: $170,000

Cash Flow: $150,000

Gross Revenue: $600,000

EBITDA: N/A

FF&E: $120,000

Inventory: $10,000

Lease Rate: N/A /SF

Established: 1989

Exceptionally Priced Italian Restaurant

Get Financing Save Print Share Valuation Report

Business Description

This restaurant has been an overwhelming success for over 29 years. It's marble table tops, cherry wood chairs, hardwood floors, and fine artwork, set the stage for
a memorable dining experience. Add great food, and a great location, and "voila" you have a profitable business. Situated in a densely populated area of Northern Virginia, where new condos are popping up like dandelions, this restaurant is positioned to become more profitable than ever. The owner is retiring after 29 years, and has done so well, that he is now more concerned with finding a buyer who will treat his baby right and take care of his loyal employees, than he is on making money on the sale. Hence, a selling price at about 1/2 of what it should be. Hard to believe, but true. This one won't last, call fast. Jeff Neuburg 703-623-5575.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
12/31/2018
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Due to his long term presence in the area, the owner has done little to no marketing in years, relying on his great food and service to generate word of mouth business. An updated website, SEO and some Social Media Marketing could really set this place on fire.
Support & Training:
30 days
Reason for Selling:
Retiring after 30 years
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Jeff neuburg

Business Listed By:
Jeff neuburg

Doug Jackson

Show Phone Number

View My Listings


Sponsoring Broker:
Doug Jackson

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1513128 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 of Use before responding to any ad.


Similar Listings


Copper Branch

Franchise Opportunity
Capital Required: $250,000