MergerPlace

ITALIAN RESTAURANT -

San Jose, California (Santa Clara)


  • Asking Price: $199,000
  • Gross Income: $637,483
  • Cash Flow: $128,885
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #201384
  • Established: 1971
  • Employees: 12

Business Description

This Italian restaurant is on the market due to the owner’s retirement after over 45 years in business. It’s located is a large South Bay shopping center with two major anchor tenants. The seller has been basically absentee for over ten years and has had an employee manage the business for him. The sales have been steady even though there is no website and no social media. The seller is motivated and has priced the business to sell. He's willing to carry a note for a qualified buyer. This would be a good opportunity for an experienced restaurateur.


Business Details

Primary Business Category: Services - Other Services
Location: California
Metropolitan Area: San Jose
County: Santa Clara

Company Information

Year Established: 1971
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12

Financial Information

Asking Price: $199,000
Gross Revenue: $637,483
Cash Flow: $128,885
Seller Financing Available: Yes

Property Information

Reason for selling:

Retirement

Support & Training:

1 week @ 25 hrs per week

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Michael Floorman

Business Team