Vetoni's Italian Restaurant

Graham, TX

Vetoni's Italian Restaurant


This is a well established Italian Restaurant. There is no competition for a 60 mile radius. We have pizza, pastas, all Italian cuisine. There is a full service bar with a new liqour license that is transferable. It is good for 2 years. The restaurant comes with all furnishings and is ready to go. Most employees would like to stay and work for the new owner. There is an option to buy the business alone and lease the building from the owners. This will lower the price. The owners are relocating to a different area and want to sell.



Location

Country:

USA

State or Province:

TX","TX

City:

Graham

Location Zip or Postal Code:

76450

Listing Information

Service Type:

Sit-Down Table Service

Title of Listing:

Vetoni's Italian Restaurant

Year Established:

1997

Number of Locations:

1

Number of Seats:

Over 150

Size:

5,000 , Square Feet

Patio:

Yes

Number of Employees:

Less than 10

Hours of Operation:

Sun-Fri 11-12 front area closes at 10, bar open late as needed Sat 11-1 front closes at 10. We have karaoke in the bar until 1

Reason for Selling:

Moving, different opportunity

Owner Operated or Absentee Owner or Flexible:

Owner Operated

Training Provided:

Yes

Links

Link to Facebook Page:

https://www.facebook.com/Vetonis/

Financial Details

Asking Price:

$375,500

Gross Revenue Range:

$500,000-$1,000,000

EBITDA Range:

$100,000-$300,000

SDE Range:

$100,000-$300,000

FF&E Value (Furniture Fixtures and Equipment):

75000

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Estimated Value:

$5000

Inventory Value included in price?:

Yes

Asset or Share Sale:

Asset

Real Estate Value Included?:

Yes

Total Monthly Rent:

$4,550.00

Financial Comments (include any Financing information that may be useful):

We are willing to sell the business out right or we have rent to own or leasing options. We can owner finance for a reasonable down payment and substantial monthly payments. Please meesage for this information.

Contact Listing Owner