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Finance And Services:

Business For Sale. Fine Italian Restaurant

LISTING DETAILS
Firms For Sale ID:
11948
Vendor reference:
724271
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$160,000  
Turnover / revenue:
$110,000
Net profit / cashflow:
$350,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Priced at half its market value21;21; FF26; is priced at depreciated book value included in the purchase price.This restaurant located in the High Desert is known far and wide for its fine, high quality seafood and Italian cuisine. Patrons come from as far south as Sand Diego and as North as San Francisco. This restaurant is placed strategically between several cities and is also located in a fabulous location with great freeway access.12 years ago, this fine Italianrestaurant was started by a famous Hollywood Chef looking to trade his fast paced Hollywood lifestyle for a quieter existence in a smaller California town.This restaurant comes fully equipped and staffed. The current owner states that heleaves his restaurant for weeks onend to oversee his other business in theBahamas. In his absences, his well-trained and seasoned employees run the place for him. Loyal long-time customers continue tomake this restaurant successful, earning over 24;100,000 net each year.This business is priced tomove so that the owner can retire quickly to the Bahamas.For more information, please contact David Silber or Rene Edmunds at 310-539-8300.