MergerPlace

Italian Restaurant & Pizzeria

Ohio (Cuyahoga)


  • Asking Price: $260,000
  • Gross Income: $585,000
  • Cash Flow: $140,950
  • Real Estate: Not Disclosed
  • Inventory: $7,000
  • FF&E: $60,000
  • Listing ID: #200919
  • Established: 2012
  • Employees: 15 FT

Business Description

Successful full service, family owned Italian restaurant with delivery service preparing fresh pasta, made from scratch pizza, calzones, subs and appetizers. Old world Italian with some modern chef inspired favorites. 4.5 star google rating, 4 star Yelp rating. Healthy sales increases yearly. This is not a franchise or chain, but the location would be perfect for one. Fully equipped kitchen for most use. Has a bar on premises serving Beer & Wine (liquor license included). Very high traffic location.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Ohio
County: Cuyahoga

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 15 FT

Financial Information

Asking Price: $260,000
Gross Revenue: $585,000
Cash Flow: $140,950
FF&E: $60,000
Inventory: $7,000
Seller Financing Available: No

Property Information

Facilities:

End cap strip plaza location next to other main street style businesses. This is a high traffic location with good street visibility. 2,500+ square feet which has been recently renovated including a full kitchen.

Growth & expansion opportunities:

Sales have been increasing steadily. New owner may want to invest in an available D3 liquor license to add to the existing D1 & D2 so that liquor can be sold as well as Beer and Wine. Owners have suggested a patio could be built. There is no reason this business shouldn't grow steadily over the next few years.

Reason for selling:

Other business interests.

Support & Training:

D1 and D2 liquor licenses included (Beer and Wine until 1 a.m.).

Contact Business Seller

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Business Listed By:

Bill White Jr.

Murphy Business Brokers