Return to broker profile

HIGH VOLUME NEWPORT BEACH ITALIAN RESTAURANT

Newport Beach, CA (Orange County)

HIGH VOLUME NEWPORT BEACH ITALIAN RESTAURANT
Contact Seller

Asking Price: $699,000

Cash Flow: $300,000

Gross Revenue: $1,200,000

EBITDA: $300,000

FF&E: N/A

Inventory: N/A

Rent: $10,000 /Month

Established: N/A

HIGH VOLUME NEWPORT BEACH ITALIAN RESTAURANT

Save Print Share Valuation Report

Business Description

SBA QUALIFIED!!! Buy with ONLY 20% down payment and receive your initial investment quickly!

Located in one of Orange County’s PRIME BEACH LOCATION, this cozy and intimate Italian restaurant has wowed it’s customers for over 15 years. This restaurant is famous for its classic Italian dishes and scrumptious desserts. Great dishes are served in a casual format with an open bar and intimate dining.

The restaurant is located in one of the popular beach communities in OC and enjoys high visibility from the street. Average home prices well above $3M and household income over $200k/yr.

Business is SEMI-ABSENTEE run with highly trained staff.
Sales have average over $1.2M for the last 3 years, and owner does very little advertising and promotions. Hands on owner can increase sales by marketing to nearby community, offering daily specials and increasing catering.

Nets over $300k/yr per tax returns!!!

Please complete a confidentiality agreement ONLINE at www.PacificRestaurantBrokers.com for additional information. Proof of funds requried as well.

Detailed Information

Location:
Newport Beach, CA
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
N/A
Business Website:
http://www.pacificretaurantbrokers.com
Contact Seller

Contact the Seller

Contact Seller Loading

Pacific Restaurant Brokers

Business Listed By:
Jerry Diza

Pacific Restaurant Brokers

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1673284 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


Fisher's Sandwich Shop Franchise Inc.

Franchise Opportunity In CA
Cash Required: 100000