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- RE: Italian Restaurant For Sale With Beautiful Bar And Lounge!
- Contact: WE SELL
Quick Facts
Asking Price: | $379,900 | |
Annual Revenue: | $520,605 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $136,877 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $0 | |
Year Established: | 2015 | |
Employees: | 9 | |
BBN Listing #: | 983731 | |
Broker Reference #: | 16514 |
Business Overview:
At just $379,000 this successful local Italian Restaurant and Bar for sale is turn-key and has a proven success record for the past 10 years. This 3800 square foot space offers guests plenty of parking, and excellent visibility from the main road. There is no need to worry about creating an inviting, warm space for your patrons, this owner has already done the hard work for you!The fully equipped kitchen in this Restaurant and Bar for Sale offers everything you need to prepare a memorable meal for your guests from start to finish. With everything from a fryer, flat top, stove, ovens, and grill there is no limit to your culinary creations! The dining space is tastefully decorated with a large, traditional bar as the focal point. The separate lounge is stylishly decorated in a speak easy theme boasting dark colors and low light making it the perfect place for an intimate drink with a partner or a fun evening out with friends. The lounge also makes the perfect place for private events and live music in the area.The restaurant and Bar for Sale by We Sell Restaurants is currently only open for dinner Tuesday-Saturday leaving a huge opportunity for the new owner to quickly increase revenue by adding additional operating hours. The owner is sad to leave this local gem, but he is relocating North to be with family. He will be happy to stay and offer training to the new buyer to ensure a smooth transition.This Italian Restaurant for Sale is eligible for traditional and SBA financing with twenty percent down, and your Broker with We Sell Restaurant has plenty of financing resources to assist you in the journey of restaurant ownership.We Sell Restaurants will be working directly with the landlord to secure a long-term lease for you for both the restaurant and the lounge. Currently the rent including NNN and water is just over $6000By providing your phone number to We Sell Restaurants, you agree to receive text notifications.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:
Patio tables and chairsBarstoolsBar tables and chairsToast POS with cash drawersTwo flat screen tvsBooths TablesChairsLobby seatingWine racksHost standBunn coffee machineMilk frother/steamerTwo microwavesCondiment caddyUtensil caddyWire shelvingWaste receptaclesServer traysBar MatsAssorted barwareAssorted utensilsAssorted bakewareAssorted cookwareAssorted knives Assorted dishwareDeep fryerFlat topSix burner stove with ovenVent hoodGrill4 burner stove Double stack Blodgett gas ovensToast kitchen display and printerStainless tables Large sandwich prep coolerSmall sandwich prep coolerTabletop steamerTicket railsWall mount shelvingWalk in coolerThree compartment sink Dish racksUtility cartDish drying tableMulti rack shelvingTwo 2 door glass front reach in coolersBus tubsMarket Competition and Expansion:
This restaurant continues to buck the trends. While others may be struggling, this local favorite continues with a strong customer base.Reason for Selling:
RelocationAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
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