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Business Sales
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Individual Business Listing
Profitable Italian Restaurant with Beer & Wine License
County: Los Angeles, CA
BusinessQuest ID: 17037
Contact: Dee Khanna, (909) 553-1211
County: Los Angeles, CA
BusinessQuest ID: 17037
Contact: Dee Khanna, (909) 553-1211
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Financial Summary
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General Information
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Price:
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$149,000 |
Financing:
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Yes | |
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Down Payment:
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$150,000 |
Year Established:
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1977 | |
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Sales:
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$850,000 |
# Employees:
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18 | |
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Cash Flow:
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$120,000 |
Facility Size:
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3300 sq. ft. | |
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Inventory:
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$8,000 |
Training:
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2 weeks | |
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Inventory Included:
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Yes |
Reason for Sale:
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Retirement | |
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FF&E:
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$35,000 | |||
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Monthly Lease:
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$11,550.00 | |||
| Business Summary 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. Disclaimer BusinessQuest™ (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity. BusinessQuest™ |
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