Italian Restaurant - Fine Dining - 10+ Year History
Location: Texas > Galveston/Houston
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $551,000
Gross Revenue: $1,577,605
Gross Revenue Comments: Consistent Gross Revenues
Cash Flow: $230,755
Cash Flow Comments: 10 Years of Profitability
Seller Financing: Negotiable.
Business Summary
Great location near the water, heavily traveled, visible. Great reputation. 10+ years in this location. Well established clientele. Signature dishes and deserts with recipes that will be released to new owner.
About the Business
Year Established: 10
Employees: 10 full time - 10 part time
Facilities: Over 6000+ sq feet with extensive leasehold improvements. Elegant dining, italian food primarily, with a great atmosphere. Quality and service are the cornerstones for the success of the business.
Great location near the water, heavily traveled, visible. Great reputation. 10 years in this location.
Market Outlook and Competition: New owners could increase revenue with additional bookings for private parties, etc.
About the Sale
Management Training and Support: Will train for 1 month. Will contract for fee for additional training if required for up to 3 months.
Reason For Selling: Retiring
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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