Italian Restaurant With Full Bar In Watsonville /Santa Cruz

Santa Cruz County, CA

Italian Restaurant With Full Bar In Watsonville /Santa Cruz
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Asking Price: $390,000

Cash Flow: $240,000

Gross Revenue: $2,100,000

EBITDA: N/A

FF&E: N/A

Inventory: $5,000*

Rent: $3,900 /Month

Established: 2015

*not included in asking price.

Italian Restaurant With Full Bar In Watsonville /Santa Cruz

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Business Description

High Volume Italian Restaurant for sale!

Italian Restaurant for sale! An excellent opportunity to own an Italian restaurant with a full liquor bar. This restaurant is a high volume Italian Restaurant located in a unique area of Santa Cruz County which has been operating very successfully for the last four years. Family and business conference friendly Authentic Sicilian Italian cuisine. The current owner had negotiated great rent terms. The restaurant currently runs absentee owner. The restaurant has nice interior decor with a full bar — lots of upsides for a buyer with excellent management skills.
Type 47 hard liquor license.
The restaurant kitchen is fully equipped to handle rush hours.
Important: Please print and Sign the NDA for more information.

Gross Sale: $2.1 Mil
Catering: $180,000
Rent: $3900 Monthly
Seats: 108
Lease 3 year with four years option
Employees: 2 full time and 36 part-time

The financial information was supplied by the seller and has not been verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1
Lease Expiration:
N/A
Employees:
38
Support & Training:
4 Weeks by owner
Reason for Selling:
Other Interest
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(from currently available funds)
 
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AJ Rana, MBA

Business Listed By:
AJ Rana

Lemara Commercial

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