Upscale Italian Restaurant Irving
Tarrant, Texas
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Asking Price |
$200,000
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| Office Listing # | 19575 |
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Revenue |
$780,000 / year
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Cash Flow |
$90,000 / year
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Lease Rent |
$1,500 / month
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Square Feet |
6201 |
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Listing Description |
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MegaBite Restaurant Brokers, LLC, offers for your ownership
consideration, a classic Italian restaurant with high end décor
and food offerings developed to excite the palate. The
restaurant was opened in 1984 and the owners have owned
and operated this fine restaurant for 26 yrs maintaining a the
beauty all this time. They want to retire after a successful
run, and bring in someone to continue the long standing
reputation with a new energy level. This restaurant offers a
great opportunity to serve fine food in the Irving- Dallas
market. The asking price for the assets of the business is
$200,000 including inventory at cost of $8,000 and FFE
(Furniture, Fixtures and Equipment) of $150,000.
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General Information
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Organization: |
Sole Proprietorship
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Year Established: |
1984 |
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Current Owners: |
1984 |
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# of Employees: |
14 |
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Seating: |
Contact For Info |
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Square Feet: |
6201 |
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Parking: |
Contact For Info |
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License(s): |
Contact For Info |
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Day & Hours Open: |
Contact For Info |
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Reason For Sale: |
The seller wants to retire from full-time work |
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Financial Information |
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Revenue: |
$780,000 / year |
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Cash Flow: |
$90,000 / year |
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Payroll: |
Contact For Info |
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Inventory: |
$8,000 |
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FF & E: |
$150,000 |
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Lease Information |
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Lease: |
$1,500 / month |
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Expiration: |
Not Available |
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Yearly Adjustment: |
Not Available
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Option: |
Not Available |
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Security Deposit: |
Not Available
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Financing Information: |
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Down Payment: |
Contact For Info |
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All Cash: |
200,000 |
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Note Balance: |
Contact For Info |
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Rate/Term of Note: |
Contact For Info |
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To access this webpage directly, use:
http://www.restaurants-for-sale.com/newsite/rro/listingview.asp?id=15665
Disclaimer
The information in this
listing has been provided by
the seller or broker stated
in the contact section of
the listing profile. As
such, Restaurants For Sale
Online, LLC has no claim in
the sale of this business
and has not independently
verified any of such
information and assumes no
responsibility for its
accuracy or completeness.
Read the
disclaimer
before responding to any ad.
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