Italian Feast
Italian Feast
The Italian Feast is currently operating on a very busy 25 hr per week schedule. There are limited choices in town for lunch so the opportunities would be a definite financial gain. Currently the upstairs is ready for new owners to see their vision of expansion, or create apartment or office space options. Owners are willing to assist with the transition making a smooth purchase for the new owners.
Location
Country: | USA |
State or Province: | NY |
City: | Little Falls |
Location Zip or Postal Code: | 13365 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Italian Feast |
Year Established: | 2006 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | , Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | Mon & Tues closed...was open on Mon prior to covid Wed-Sat 4-9 Fri & Sat 10pm prior Sun 4-8 |
Growth or Expansion Opportunities: | Upstairs could be 2 apartments or office space or dining room |
Reason for Selling: | Owners all have other full time jobs..we have tripled business since we bought it, very busy restaurant with take out and delivery prior to and during covid |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Links
Link to Facebook Page: | Italian Feast |
Website: | www.theitalianfeast.com |
Financial Details
Asking Price: | $229,000.00 |
Gross Revenue: | Under $500,000.00 |
Gross Revenue Range: | Under $500,000 |
EBITDA (Earnings before Income, Taxes and Depreciation): | $Over $300,000.00 |
EBITDA Range: | Over $300,000 |
SDE Range: | $100,000 |
Inventory Value included in price?: | Yes |
Real Estate Owned or Leased: | Real Estate Owned |
Real Estate Value Included?: | Yes |
Financial Comments (include any Financing information that may be useful): | Additional financial information available when meeting with owners. Building and business has been completely paid for in 4 yrs after the purchase. |
Contact Listing Owner
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