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General Business Information
Listing ID:
4110-00223
Down Payment:
$195,000
Category:
Restaurants
Subcategory:
Italian Restaurant
Sales:
$1,064,939
Description of Business
For sale is a family Owned and Operated, local neighborhood favorite with a positive reputation (800 Google Reviews *4.4*, 447 Review on Yelp *4.7*, 89 Reviews on TripAdvisor *4.5*).
This well-crafted Italian restaurant and pizzeria has a southern hospiatlity flare, and is open for lunch and dinner; offering dine-in, takeout, and delivery. Some of the full-time employees have been there since current ownership purchased the pizzeria.
The restaurant is located off a heavily traveled road, in an area of anticipated growth, and is surrounded by many established residential developments. Snow birds frequent the location when they are in town.
The real property is also included in the sale price, and the building was built in 1985.
Listing Details
Location:
Lake County
Hours of Operation:
Tuesday - Saturday, 11:00am - 8:30pm
Years Established:
1986
Years Owned:
35
Managers:
1
Is Relocatable:
No
Is a Franchise:
No
Is Lender Pre Qualified:
Yes
Assets Included in Sale
Real Estate:
$500,000 Included
FF+E:
$150,000 Included
Inventory:
$8,250 Included
Lease Information
Expiration Date:
2022-08-31
Square Footage:
2520
Summary
Reason for Sale:
Retirement
Training and Support:
2 Weeks Training
Non Compete:
Miles: 5 Years: 3
Owner Qualifications:
Restaurant Management Experience
For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER
General Business Information
Listing ID: 4110-00223
Down Payment: $195,000
Category: Restaurants
Subcategory: Italian Restaurant
Sales: $1,064,939
Description of Business
For sale is a family Owned and Operated, local neighborhood favorite with a positive reputation (800 Google Reviews *4.4*, 447 Review on Yelp *4.7*, 89 Reviews on TripAdvisor *4.5*).
This well-crafted Italian restaurant and pizzeria has a southern hospiatlity flare, and is open for lunch and dinner; offering dine-in, takeout, and delivery. Some of the full-time employees have been there since current ownership purchased the pizzeria.
The restaurant is located off a heavily traveled road, in an area of anticipated growth, and is surrounded by many established residential developments. Snow birds frequent the location when they are in town.
The real property is also included in the sale price, and the building was built in 1985.
Listing Details
Location: Lake County
Hours of Operation: Tuesday - Saturday, 11:00am - 8:30pm
Years Established: 1986
Years Owned: 35
Managers: 1
Is Relocatable: No
Is a Franchise: No
Is Lender Pre Qualified: Yes
Assets Included in Sale
Inventory: $8,250 Included
FF+E: $150,000 Included
Real Estate: $500,000 Included
Lease Information
Expiration Date: 2022-08-31
Square Footage: 2520
Summary
Reason for Sale: Retirement
Training and Support: 2 Weeks Training
Non Compete: Miles: 5 Years: 3
Owner Qualifications: Restaurant Management Experience
LISTING BROKER