Italian Restaurant-Established and Profitable

San Diego, CA (San Diego County)

Italian Restaurant-Established and Profitable
Contact Seller

Asking Price: $395,000

Cash Flow: $141,164

Gross Revenue: $1,327,359

EBITDA: N/A

FF&E: $100,000

Inventory: $25,000*

Rent: $7,583 /Month

Established: 2012

*not included in asking price.

Italian Restaurant-Established and Profitable

Save Print Share Valuation Report

Business Description

Established and Profitable Italian Bistro-$140k Net!

Very rare opportunity to acquire an established, profitable Italian restaurant with full bar located in an upper middle-class suburban community in San Diego, CA doing over $1.3m in sales and over $140k in discretionary earnings. This is a complete turnkey opportunity. Start making money from day one. The restaurant is only opened Tuesday-Saturday. Make more money by expanding hours. Has good books and records.

This opportunity features approx. 2,000 sf of interior space plus patio, a full liquor license (47 - ON-SALE GENERAL EATING PLACE), extensive furniture, fixtures, and equipment, two dining rooms, a bar with 10 seats, cozy outdoor patio, and parking. Total seating capacity is 80. Per the liquor license, off sale of beer and wine is allowed.

The restaurant has been a hit in the local community and sales have been growing since day one. Has great reviews on YELP, TripAdvisor and OpenTable. The surrounding demographics support a strong disposable income population that eat out frequently.

The restaurant is located in a corner space of a small busy strip center in this suburban community. Other tenants in the center include a Mexican restaurant, a sports bar, a donut shop and Subway.

After working in the industry for over 20 years, owner is ready to retire. This is a perfect opportunity for an owner/operator.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
21
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a strip center. Corner space with patio.
Support & Training:
2 weeks at 40 hours per week
Reason for Selling:
Retiring from industry
Contact Seller

Contact the Seller

Contact Seller Loading

Jose-Carlos Bravo

Business Listed By:
Jose-Carlos Bravo

Vanguard Resource Group

Show Phone Number

View My Listings


Sponsoring Broker:
Ken Oppeltz & Bill Lange

Listing Statistics

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


Ad#:1595563 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


Lean Kitchen Company

Franchise Opportunity
Capital Required: $165,000