 |
Business Sales
|
Individual Business Listing
Established Italian Restaurant and Bar
County: Los Angeles, CA
BusinessQuest ID: 24009
Contact: Dee Khanna, (909) 553-1211
County: Los Angeles, CA
BusinessQuest ID: 24009
Contact: Dee Khanna, (909) 553-1211
|
Financial Summary
|
General Information
|
|||
|
Price:
|
$195,000 |
Financing:
|
Yes | |
|
Down Payment:
|
$100,000 |
Year Established:
|
1977 | |
|
Sales:
|
$420,000 |
# Employees:
|
5 | |
|
Cash Flow:
|
Call/Ask |
Facility Size:
|
3300 sq. ft. | |
|
Inventory:
|
$5,000 |
Training:
|
2 weeks | |
|
Inventory Included:
|
No |
Reason for Sale:
|
Partnership Dissolution | |
|
FF&E:
|
$35,000 | |||
|
Monthly Lease:
|
$103,000.00 | |||
| Business Summary Long Established!! Desirable Location!! Contact business broker for more information regarding this full-service Italian Restaurant and Bar for sale located in Los Angeles County area of Southern California. The restaurant was established in 1977 and has been well known in the community for its delicious food. The business is located in a busy center on a major high traffic street. They have a Beer & Wine (Type-41) license and also serve selective beer on tap. The business is open 7 days a week (weekdays: 12:00 pm to 8:00 pm and weekends 12:00 pm to 9:00 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 food recipe has been used for the last 47 years, since inception and will be included in the sale. The buyers can possibly increase revenues by promoting catering services, sale of alcoholic beverages, events, and expanding digital marketing. Contact business broker to complete Non-Disclosure Agreement and receive more information regarding this Italian Restaurant business for sale located in 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. BusinessQuest™ |
||||