80 year old owner needs to retire. 20 year old Italian restaurant, voted best of the best in the area. Located on a main thoroughfare with plenty of parking. Great view from the patio and inside seating. Favorite place for Christmas parties
Country: | USA |
State or Province: | AL |
City: | Wetumpka |
Location Zip or Postal Code: | 36093 |
Service Type: | Sit-Down Table Service |
Title of Listing: | 80 year old owner needs to retire. Italian Restaurant Turnkey operation |
Year Established: | 19 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 3500, Square Feet |
Patio: | Yes |
Number of Employees: | Less than 10 |
Hours of Operation: | 11am -2pm Tues - Friday 4pm-9pm Sat. 4pm -9pm Sun. 11am-2pm |
Growth or Expansion Opportunities: | yes |
Reason for Selling: | Retiring |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Asking Price: | $60,000 |
Gross Revenue: | $ |
Gross Revenue Range: | Under $500,000 |
EBITDA (Earnings before Income, Taxes and Depreciation): | $just call |
EBITDA Range: | Under $100,000 |
SDE (Sellers Discretionary Earnings): | $just call |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $10,000 |
Inventory Value included in price?: | Yes |
Real Estate Owned or Leased: | Leased |
Total Monthly Rent: | $1000 |
Financial Comments (include any Financing information that may be useful): | Just Call for information |