Italian Restaurant-profitable! RS-189

Louisville, KY (Jefferson County)

Italian Restaurant-profitable!  RS-189
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Asking Price: $399,000

Cash Flow: $114,000

Gross Revenue: $564,000

EBITDA: N/A

FF&E: $30,000

Inventory: $2,000

Real Estate: $425,000

Established: 1990

Italian Restaurant-profitable! RS-189

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Business Description

This offering is for a family owned Italian Restaurant that has been in operation over 20 years. They have a proven format and location.

Revenue averages more than $50K per month with Seller’s Discretionary Earnings last year of over $100K. The business is listed at $465,000 which includes real estate that was appraised in 2010 at $425K. Furniture, fixtures and equipment are included with an estimated value of $30,000.

This is a wonderful opportunity to own a proven business at a very reasonable price that includes real estate.

Please call Venture Resource Business Brokers at 502-259-9471 for details. Please refer to listing RS-189

Detailed Information

Location:
Louisville, KY
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,158
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Real estate included valued at $425,000 in 2010. Seating capacity 96, Please call for more details.
Support & Training:
Seller will train as needed and agreed.
Reason for Selling:
Retirement after over 20 year in operation.
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David Hinton

Business Listed By:
Venture Resource Broker

Venture Resource Business Brokers

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