Italian Restaurant with SBA financing - $46,000 Down

Saint Cloud, FL (Osceola County)

Italian Restaurant with SBA financing - $46,000 Down
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Asking Price: $289,000

Cash Flow: $98,191

Gross Revenue: $601,111

EBITDA: N/A

FF&E: $71,396

Inventory: $3,000

Rent: $2,963 /Month

Established: 1993

Italian Restaurant with SBA financing - $46,000 Down

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Business Description

Established lunch & dinner restaurant with long term, experienced staff & established customer base. Same owner & location 25 yrs. Often voted "Best in Class".Strong Community involvement in quaint, revitalized area. All recent, disruptive construction in the area has been completed. Outstanding growth opportunities by opening on the weekends, expanding delivery service and growing catering business. Excellent books & records with CPA involvement. Top of the line equipment in excellent condition. Owner will provide training for smooth transition. Business is qualified for SBA financing with $46,000 down for a qualified buyer. Business may also qualify for a VISA

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,250
Lease Expiration:
12/31/2019
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a strip center. Lease expires at the end of the year. Options can be negotiated.
Growth & Expansion:
Lots of opportunities for growth through expansion of hours, delivery service and catering. Current hours are only 10AM - 8PM.
Financing:
Business is qualified for SBA financing with $46,000 Down
Support & Training:
Seller will provide two weeks of training at no cost to the buyer.
Reason for Selling:
Retirement
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Contact the Seller

(from currently available funds)
 
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Brian Gurney

Business Listed By:
Brian Gurney

Sunbelt Business Brokers of Orlando

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Sponsoring Broker:
Robert Borrelli

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