Historic Italian Restaurant seeking experienced new owner

Lincoln, NE (Lancaster County)

Historic Italian Restaurant seeking experienced new owner
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Asking Price: $140,000

Cash Flow: $20,000

Gross Revenue: $602,375

EBITDA: N/A

FF&E: $70,000

Inventory: $5,500*

Rent: $2,500 /Month

Established: N/A

*not included in asking price.

Historic Italian Restaurant seeking experienced new owner

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Business Description

Here we go Ladies and Gentlemen, this one has been around for decades and is now available for the next generation of owner.

Been in the industry and want your own spot? This one is for you. Scratch made recipes, alcoholic beverages served in house, good top line cash income. It's all there for an experienced owner to take over and take the reigns.

Multiple generations of loyal customers come with it at no additional charge.

Detailed Information

Location:
Lincoln, NE
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
1 ft, 16 pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3000 sf location on very busy street
Competition:
We all know restaurants make it or dont with in a year or two, so when you find one with decades of consistent history you know all it takes is stable management to continue the trend making it a very solid investment.
Growth & Expansion:
Take over, smooth out the operations and get rolling.
Support & Training:
Standard 28 day training period offered as part of the sale
Reason for Selling:
Business needs a very hands on owner involved in the day to day operations
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Contact the Seller

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Jethro Hopkins

Business Listed By:
Jethro Hopkins

No Coast Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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