Total of 18659 firms and businesses for sale today Saturday 11th May 2024
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Business For Sale. Boutique Italian Restaurant

LISTING DETAILS
Firms For Sale ID:
10662
Vendor reference:
851220
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$110,000  
Turnover / revenue:
$61,000
Net profit / cashflow:
$332,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Holy Meatballs, Cutest boutique Italian Restaurant in South Bay is pristine and available at an extremely low price and a great lease21;21;21; This must see restaurant would make you proud. It seats 50 and could expand just by opening for lunch with a luncheon menu. The semi-absentee owner has a full time day job. After 15 years of ownership, her new marriage and young children require her to sell. Despite a complete lack of marketing the patrons keep returning. An active owner, along with some marketing (should it be called 93;Bistro94;3F;3F;), could add significantly to the profit. This 93;pride-of-ownership94; facility is the highly visible front unit in a strip mall with ample parking on a major boulevard on which thousands of potential patrons passing per day. The owner is an accountant and the books are as clean as the restaurant. This should make for an easy SBA loan. The facility is clean and fresh in every way with new paint and exquisitely maintained fixtures and appliances. All of the necessary equipment is in place from the hood to the Range to the grease pit. Combine that with a beer and wine liquor license and you can92;t miss. An increase in catering would also increase the profit (everyone loves Italian). Just think of adding meatball sandwiches for lunch and watch the profits soar. Act fast as this great restaurant will sell quickly. Call Roger Civalleri or Jahmena Wright at (310)539-8300, ext. 212.