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Quick Sale Price Profitable Italian Restaurant

Henrico, VA (Henrico County)

Seller Financing Available
Quick Sale Price Profitable Italian Restaurant
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Asking Price: $100,000

Cash Flow: $99,045

Gross Revenue: $336,987

EBITDA: N/A

FF&E: $56,631

Inventory: $6,000

Rent: $2,674 /Month

Established: 2015

Quick Sale Price Profitable Italian Restaurant

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Business Description

ALL REASONABLE OFFERS CONSIDERED, HUGE PRICE REDUCTION Owner eager to sell and Ready to retire. Local pizza restaurant with unique opportunity to take over a well-established restaurant with a strong delivery, carry-out and eat-in business. Featuring New York style pizza, dinners, salads, subs and appetizers. Restaurant makes everything fresh, no frozen. Great opportunity for catering and close proximity to large companies for delivery. Owner is selling and ready to pass this opportunity on to the right buyer, and will offer Training and financing with a down payment. For additional information contact listing agent William Griswold at 804-721-4960 or use this ad’s email reply.

Detailed Information

Location:
Henrico, VA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,410
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a leased location of 2,410 square feet with a Total Rent of $2,674. Lease ends 03/2020 with a one 5 year lease option. Seller is active in the business with 2 Full Time employees and 2 Part Time employees. Hours of operation are 11 AM to 9 PM, 7 days a week. $6,000 in Inventory and $56,631 in FF&E included in Asking Price. $44,928 made in Leasehold Improvements.
Support & Training:
30 days
Reason for Selling:
Health Reasons
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(from currently available funds)
 
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William Griswold

Business Listed By:
William Griswold

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