Description

Prime location Italian restaurant located in an extremely heavy traffic intersection is available for acquisition. Established in 2015 and was later acquired by the current owner in mid 2016. The area where this business is located is in a very wealthy city with many upper class individuals and business men/women reside. Competition is expected for any Italian restaurant, but the ample parking area of this business attracts many customers since the competitors all are limited in number of parking spaces available. Sales average at $7,000 - $8,000/week that has grown steadily over the last couple months. Proactive marketing is crucial to the growth of this business since no marketing is done at the current time to truly increase revenue at a consistent rate. Prioritizing catering sales as well as social media marketing will allow this business to reach un-tapped areas and generate more customers for this business. Local marketing through Valpak, daily deals, door hangers, and addition of fundraiser programs will be extremely beneficial since the area is flocked with many high-income individuals with lots of expendable income. Their menu consists of various items such as pasta, pizza, subs, salads, appetizers, desserts, and chef specialties which were all reconstructed to accommodate local customers. Exceptionally great Italian restaurant that is placed in a fantastic city of many high-income individuals is available for any potential Buyer that can proactively operate this business.

Furniture, Fixtures & Equipment: $40,000 (Included in listed price)
Inventory: $5,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience
Year Established: 2015
Employees: 3FT

Facilities: Located in a 1,800 SF retail strip center by a busy intersection. All equipment is in impeccable condition and in working order.Support/Training: Owner will provide training during a 2 week period for a smooth transition into the business.
Reason Selling: Other Opportunities.
Competition: Few competitors are within the area, but the competitors’ lack of ample parking area attracts customers to dine at this business where parking is abundant.
Growth And Expansion: Proactive marketing is needed to grow the sales further as this business was acquired only recently.

Posted Nov 10, 2016

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