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  • RE:  Highly Acclaimed Italian Restaurant
  • Contact:  Trent Lee
  • License #: S.0183611.LLC

Quick Facts

Asking Price: $85,000
Annual Revenue: $788,573
Net Profit: $92,346
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 17
BBN Listing #: 945632
Broker Reference #: 101-23194

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Business Overview:

This well-established Italian restaurant boasts a prestigious Zagat rating and is recognized for its exceptional dining experience. Operated by the owner, this restaurant has earned a reputation for excellence, reflected in over 1,000 positive reviews. It comes fully equipped with a beer and wine license, enhancing its already inviting atmosphere. Ideal for a passionate owner-operator looking to continue a tradition of culinary excellence. This is a prime opportunity for anyone eager to own a piece of culinary prestige in a thriving community.

This business opportunity is SBA Pre-Approved with a low down payment requirement of only 10%. For an initial investment of $15,000, you can acquire a business with an annual net profit of $90,000. The seller, a serious and prepared business owner, has engaged a Certified Public Accountant (CPA) to ensure all necessary documentation is in order for a thorough due diligence process. This includes tax returns, leases, equipment lists, and financial statements.

For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978) using reply to this ad button.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This is a leased location of 2,000 square feet with a Total monthly rent of $3,000. Lease ends 4/2027 with One 5-year options. Seller is active with 12 Full Time and 5 Part Time employees. Hours of operation are 4pm-9pm Tuesday to Saturday and 4pm – 8pm Sunday. $10,000 in inventory and $75,000 in FF&E included in the asking Price. $125,000 made in leasehold improvements. Beer / Wine license required.

Reason for Selling:

Seller is opening a bigger location in Summerlin.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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