Solid Opportunity, Turn Key Italian Restaurant

San Diego County, CA

Seller Financing Available
Solid Opportunity, Turn Key Italian Restaurant
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Asking Price: Get Financing: $169,000

Cash Flow: N/A

Gross Revenue: $395,000

EBITDA: N/A

FF&E: N/A

Inventory: $2,500*

Lease Rate: $2.62 /SF/Month

Established: 2014

*not included in asking price.

Solid Opportunity, Turn Key Italian Restaurant

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Business Description

Fast Growing, Profitable, Easy to Manage, Very Affordable Rent!

Nice, Fast Growing Italian Restaurant, awarded " local favorite 2017 " located in a busy shopping center. Walking distance from 1200 + houses, banks, fitness centers and high school.
Indoor and outdoor seating.
Beer and Wine license (Type 41)
VERY AFFORDABLE rent
Parking lot available
Qualifies for E-2 VISA

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,350
Lease Expiration:
11/24/2022
Employees:
6
Facilities:
1350 sqft restaurant, 40 seats indoor and 10 seats outdoor. Fully equipped and well furnished.
Competition:
Prime Location, with no competitors in the surrounding area. Located nearby high school with 5.000 students and more than 2600 reidents within 1 mile.
Growth & Expansion:
Fast grow! Tripled the income within in 3 years.
Financing:
109.000 down payment + 60.000 int 12% in 18 months, or 10% in 12 months
Support & Training:
2 weeks part time.
Reason for Selling:
Owner is moving
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Business Listed By:
clint legnani

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