FULL SERVICE BEAUTIFULLY DECORATED ITALIAN RESTUARANT
FULL SERVICE BEAUTIFULLY DECORATED ITALIAN RESTUARANT
Oswego Illinois is an upcoming city in the Chicago area. The Tuscan tavern has a great following and very good reviews! This is a great opportunity to own your first restaurant as I will walk you through step-by-step and all the Key points in this business! if you plan to be a hands on owner, a worker you have the opportunity to make $75-$100,000 a year… This is a great time to open up your business, the economy is good and will only get better over the next several years… I am setting the price to sell immediately so whoever is looking to open up a beautiful restaurant in a good location and I reading this ad do you have the opportunity of the decade! I hope you’re the lucky one looking forward to hearing from you thank you have a great and blessed 2020
Location
Country: | USA |
State or Province: | IL |
City: | Oswego |
Location Zip or Postal Code: | 60543 |
Listing Information
Service Type: | Sit-Down Table Service, Catering, Liquor Primary |
Title of Listing: | FULL SERVICE BEAUTIFULLY DECORATED ITALIAN RESTUARANT |
Year Established: | 2015 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 4500, Square Feet |
Patio: | Yes |
Number of Employees: | Less than 10 |
Hours of Operation: | We are open six nights a week… The new buyer can open up seven days and seven nights if they desire |
Reason for Selling: | I have another location, too much work between both and rather focus on one location |
Owner Operated or Absentee Owner or Flexible: | Flexible |
Training Provided: | Yes |
Financial Details
Asking Price: | $114,900 |
Gross Revenue: | 750,000 |
Gross Revenue Range: | $500,000-$1,000,000 |
EBITDA Range: | Under $100,000 |
SDE (Sellers Discretionary Earnings): | $70,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $20,000 plus |
Asset or Share Sale: | Flexible |
Real Estate Owned or Leased: | Leased |
Lease Term Remaining: | 5 years With two five-year options |
Total Monthly Rent: | $6800 |
Financial Comments (include any Financing information that may be useful): | I will be willing to agree on 70 % down with A payment plan for the remaining balance over 36 months |
Contact Listing Owner
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