Italian Restaurant

Location: United States -> Florida -> Jacksonville
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Businesses for sale Summary

Thriving table cloth Italian Restaurant for salse with a 4 COP SRX liquor license Located in South East Jacksonville Great drive by visibility The catering business has taken off with booked events well into 2009 This building has been a restaurant for over 30 years seating for 200 and is doing well in a down market Outstanding kitchen and catering equipment Assets almost equal purchase price, low down payment with owner financing, Do not miss this one! The real estate is available for lease or purchase. Please refer to Listing 747-02501 Broker Victor Cirillo for more information.


Asking Price Range:  $1.0M – $2.5M
Gross Revenues:   $1,135,000
Cash Flow:   $300,363
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $218,000
Seller Financing:  Yes

About The Business

Year Established:  1978
Number of Employees:  20 – 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Seller will provide 2 weeks training at no charge.
Reason For Selling:  Health.