Italian Restaurant With Beer And Wine

Palmdale, CA (Los Angeles County)

Italian Restaurant With Beer And Wine
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Asking Price: Get Financing: $395,000

Cash Flow: $175,000

Gross Revenue: $917,385

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Italian Restaurant With Beer And Wine

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Business Description

High volume, very busy Italian restaurant, been established for over 28 years located in a high trafficked shopping center, anchored by Big Box store, other eateries and services.

Boasting casual, friendly dining that caters to both vegetarians and non vegs with plenty of mouth watering choices. Steady increase in sales for over last 9 years.

Contracts with city of Palmdale and school district in place along with catering and over $22,000 in deliveries in 10 miles radius. Awesome Google reviews!

1 Manager and 3 Assistant Managers. Most of the equipment is fairly new. Long Equipment list includes 5 TV's, Hood, ice machine, security system, pizza ovens, mixers, slicers, fryers, grill, and Revention POS to name the least.

Owner will train for 1 month free of charge and will introduce to the contacts in their marketing sphere.

Food and bar cost of sales:32%. utilities:$2000. payroll:$15,800. rent:$5900. Seller says good books and records.

Beer and wine license. Restaurant has received accolades in several community newspapers and is very well liked by it's patrons.

Office ID# - 4215 RS

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(from currently available funds)
 
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William Park

Business Listed By:
VR Business Brokers

VR Business Brokers

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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. Indicates membership in The California Association of Business Brokers (CABB).

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