Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$120,000	Inventory
Gross Income	$400,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2002
FF&E	$80,000*	Employees	N/A

* included in the asking price

** not included in the asking price

The former owner of this stunningly beautiful restaurant got behind in his rent and the landlord evicted him and had another experienced operator take it over. It was doing over $400,000 a year in sales and was only open for dinner, Monday thru Saturday. Opening on Sunday and/ or lunch could be huge. The former operator's loss can be your gain as the present operator is looking for a quick sale, so he does not have to open it. Here is a great little Italian restaurant with an excellent reputation waiting for the right person to take it to the next level. There is an area on the side that would make excellent outdoor seating. The addition of pizza with delivery is another possibility. It has a long term lease in place for $2500 per month with very modest increases thru 2022! It is listed for $120,000, but if someone buys it soon, the seller will consider much less if he does not have to go through the time and expense of getting new permits, etc. Call quick on this one. It will not last long!

Facilities: 1600 s.f. end cap in a nice strip center on main road.

Financing: Will consider for experienced operator

Support/Training: 2 weeks

Reason Selling: Repossession