BusinessQuest Brokers

Business Valuation • Business Brokers • M&A Brokers
Inland Empire • Los Angeles • Orange County • California

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(800) 589-1286 Ext: 701

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Business for Sale:
Profitable Italian Restaurant with Beer & Wine License

County: Los Angeles, CA
Business ID: 17037

Complete Non-Disclosure AgreementPrint this Listing

Responsible Broker: Dee Khanna, (909) 553-1211
DRE License No: 01896656

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Financial Summary

Price: $199,000

Down Payment: $150,000

Sales: $850,000

Cash Flow: $120,000

Inventory: $8,000

Inventory Included: Yes

FF&E: $35,000

Monthly Lease: $11,550

General Information

Financing: Yes

Year Established: 1977

# Employees: 18

Facility Size: 3300 sq. ft.

Training: 2 weeks

Reason for Sale: Retirement

Business Summary

Seller Financing Possible!! 40-year ownership !! Desirable Location!! Contact business broker for more information regarding this full-service Italian Restaurant business for sale located in Los Angeles County area of Southern California. The restaurant was established in 1977 and is owned by the same family since then. The business is located in a busy center on a major high traffic street. They have a Beer & Wine license and also serve selective beer on tap. The business is open 7 days a week (weekdays : 11 am to 9pm and weekends 11am to 9:30 pm). They have excellent reviews on social media and have a repeat and loyal customer base. The seller is willing to train buyers for a smooth transition. The sellers have used same food recipe for last 40 years which will be include in the sale. The restaurant is located in a busy center on a major high traffic street. The buyers can possibly increase revenues by adding deliveries, catering services, promote more alcoholic beverages, add tvís, and marketing. Contact business broker to complete Non-Disclosure Agreement and receive more information regarding this Restaurant business for sale located in Claremont area of Southern California.

Disclaimer

BusinessQuest® (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity.