Restaurant – Italian Menu

Location: United States -> Illinois -> Springfield
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Businesses for sale Summary

RESTAURANT: Italian Menu: Popular, 25+ year – old, non – franchised, neighborhood Italian Restaurant for sale with a full Italian menu. Strong customer base. Presently does little advertising, no delivery and little or no catering. Located in a busy Illinois City.

Financials

Asking Price Range: < $250K
Gross Revenues: $229,000
Cash Flow: $55,000
Cash Flow Type: EBITDA
Inventory: $24,500
Seller Financing: No

About The Business

Year Established: 1979
Number of Employees: 6 – 9
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease

About The Sale

Management Training and Support: Owner will train for a negotiated period.
Reason For Selling: Relocating.