Profile: Landmark Italian Restaurant & Bakery For Sale In Long Beach!
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$750,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$1,200,000 |
| Annual Adjusted Net: |
$300,000 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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There Are Two Businesses For Sale That Go Hand In Hand. The First Is A Well Known, Well Established, Landmark Italian Restaurant Situated In A Free Standing Building With Patio Seating. This Restaurant Is Located In An Ideal And Highly Visible Spot Between A Corner Intersection Of Two Main Streets. The Owner Has Operated This Business For Over Eleven Years And Is Ready To Move On And Move Out Of The Area. This Restaurant Offers Authentic, Homemade, Quality Food That Is Italian Dining At Its Best. They Have Established A Long List Of Customers That Are Regular Diners, And Are Very Busy During Lunch And Dinner. The Second Business Is A Bakery/Pastry Business That Goes Hand In Hand With The First Business. The Homemade Fresh Bread And Pastry Is Baked And Prepared In The Second Business That Is A One Minute Walking Distance From The First Business. The Breads Are Delivered From The Bakery To The Restaurant. Both Places Have Low Rent And Long Leases. Currently, Combined Rent For Both Places Is Less Than 5 Percent Of The Annual Sales Which Is A Great Deal And Great Opportunity For An Owner Operator. Includes A Beer And Wine License. Buyers Must Have At Least Two Years Of Restaurant Experience. Seller Willing To Finance. Great Deal!
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