Well Reviewed Full Service Italian Restaurant Greensboro, NC

Guilford County, NC

Well Reviewed Full Service Italian Restaurant Greensboro, NC
Contact Seller

Asking Price: $389,000

Cash Flow: $226,008

Gross Revenue: $1,013,762

EBITDA: N/A

FF&E: $120,000

Inventory: $10,000

Rent: $6,682 /Month

Established: N/A

Well Reviewed Full Service Italian Restaurant Greensboro, NC

Save Print Share Valuation Report

Business Description

Well Reviewed Full Service Italian Restaurant Greensboro, NC

Act fast or someone else will.

This long standing full service Italian restaurant in Greensboro, NC is serving up traditional Italian dishes and providing catering services.

Excellent location

Strong growth potential

Full service restaurant with dining area, full bar, bar seating, and private dining room

Seating for approximately 150 +/-

Beer, Wine, and Liquor License

Phenomenal online reputation

Loyal customer base

Consistent revenue history in the $900k- $1million range

2018 projected SDE over $225,000

Pre-approved for SBA lending with as little as $50,000 down

Detailed Information

Location:
Guilford County, NC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
N/A
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Established for 12 years in it's current location for over 6.
Growth & Expansion:
Strong growth potential.Revenue is strong even with owners scaling back for retirement. Opportunity for expansion of hours, opening for lunch, increase in catering business and private parties, advertising, social medial marketing, partnering with companies like Uber Eats and DoorDash.
Support & Training:
2 weeks
Reason for Selling:
retiring
Contact Seller

Contact the Seller

Contact Seller Loading

Joe Santora

Business Listed By:
Joe Santora

Transworld Business Advisors

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1566694 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Mooyah

Franchise Opportunity In NC
Cash Required: 250000