November 22, 2009
 
 
Italian Restaurant & Bakery  •  $575,000

Location: Long Beach
Seller: Neil Kaplan
Phone: 562-402-2686, 310-490-3422
 
 
About This Business
BizBen Ad #: 144569
Status: Available
Start Date: 10/8/09
Last Revised: 12/31/69
Location: Long Beach
County: Los Angeles
City: Long Beach
Contact Information
Seller or Contact: Neil Kaplan
Primary Phone: 562-402-2686
Alternate Phone: 310-490-3422
Email: vr@BizBizBiz.com
 
 
Financial Information
Asking Price: $575,000
Down Payment: $575,000
Annual Cash Flow: $300,000
Annual Revenue: $1,320,000
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Call
 
 
Business Summary
Hi Volume And Net Italian Restaurant And Bakery. The Restaurant Has Beer And Wine And Is A Free Standing Building On The Corner Of Two Major Streets. The Bakery/Deli Is Located In A Seperate Building Steps Away In The Same Center. All Repeat Business!

Restaurant Gross Is 95,000 Per Month. The Bakery/Deli Gross Is 15,000 Per Month For A Total Of 110,000 Gross Sales Per Month. Both Businesses Are Included In The Price.

Established 11 Years, Open 5 Days Per Week, 1/2 Day Sunday, Closed Monday. Very Well Known In The Community For The Finest Quality Italian Food And Baked Goods.

Major Expenses: Rent-6300, Labor-22,000, Food Cost-(28%)-31,000, Electric-2800, Gas-2200, W/C-1800, Ins-200.