Profitable Italian Restaurant with Beer & Wine License

Los Angeles County, CA

Seller Financing Available
Profitable Italian Restaurant with Beer & Wine License
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Asking Price: Get Financing: $149,000

Cash Flow: $120,000

Gross Revenue: $850,000

EBITDA: N/A

FF&E: $35,000

Inventory: $8,000

Lease Rate: N/A /SF

Established: 1977

Profitable Italian Restaurant with Beer & Wine License

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Business Description

Seller Financing Possible!! 40-year ownership !! Desirable Location!! Contact business broker for more information regarding this full-service Italian Restaurant business for sale located in Los Angeles County area of Southern California. The restaurant was established in 1977 and is owned by the same family since then. The business is located in a busy center on a major high traffic street. They have a Beer & Wine license and also serve selective beer on tap. The business is open 7 days a week (weekdays : 11 am to 9pm and weekends 11am to 9:30 pm). They have excellent reviews on social media and have a repeat and loyal customer base. The seller is willing to train buyers for a smooth transition. The sellers have used same food recipe for last 40 years which will be include in the sale. The restaurant is located in a busy center on a major high traffic street. The buyers can possibly increase revenues by adding deliveries, catering services, promote more alcoholic beverages, add tv’s, and marketing. Contact business broker to complete Non-Disclosure Agreement and receive more information regarding this Restaurant business for sale located in Claremont area of Southern California.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
18
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,300 sq ft @ $11,550/month
Financing:
Seller will finance up to $49,000 for qualified buyer
Support & Training:
2 weeks included in price
Reason for Selling:
Retirement
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Contact the Seller

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Dee Khanna

Business Listed By:
Dee Khanna

BusinessQuest

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Sponsoring Broker:
Edward L. Fixen, MBA, CBB, CBA

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