Listing Number: 60242-394259
Description
This is a confidential sale for a very profitable Italian restaurant located in a prime area with high traffic in the Northern part of East Texas. The restaurant boasts strong financials and well-maintained books, making it an ideal opportunity for a buyer looking to step into a turnkey operation with a track record of success. The strong 2023 results in in spite of the fact that the restaurant was CLOSED FOR TWO MONTHS so the owner could travel.
The restaurant features a fully equipped kitchen, stylish dining area, and a devoted clientele. With its established presence and reputation, there is ample opportunity for growth through catering, delivery services, and expanded hours.
Interested parties are invited to inquire for more information and to sign a non-disclosure agreement (NDA) for access to detailed financials. Serious inquiries only, please.
Listing Details
- Price: $ 599,000
- Down Payment: $539,000
- Sellers Discretionary Earnings: $ 257,613
- Total Sales: $ 796,407
- Location: Bowie County, Texas
- Inventory: $ 8,000
- FF&E: $ 50,000
- Employees:
- Reason for Selling: Opening a new restaurant
- Category: Restaurants
Business Listed By:
- Jeffery Petersen
- Phone: (903) 422-6818
- Email: jpetersen@tworld.com