$750,000.00
Asking Price
Address: Pacific Beach,
Status: Active
Posting ID: 289463
11/19/24
Description
This is an amazing opportunity for a hands-off owner to capitalize on a fully managed, profitable restaurant. The restaurant has a longstanding history with consistent cash flow, averaging a net profit of approximately $350,000 over the past three years. It features a Type 41 ABC License, which permits alcohol service both inside the restaurant and on the outdoor patio.
The business has a positive reputation, averaging 4.75 stars based on thousands of reviews across multiple platforms, and boasts a perfect 5-star rating on TripAdvisor.
Key Details:
Price: $750,000*
*This is priced to sell at a very reasonable multiple - right now only cash offers are considered.
Listed Exclusively by Location Matters Inc.
To get more information about this Italian Restaurant - Profitable business for sale in Pacific Beach please phone Michael Spilky (Broker - BRE License #:01840957) at 422-361-9994 and 858-792-5521 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #289463 on BizBen.com. In addition to phoning Michael Spilky, make sure you email Michael Spilky above to get more info about this Italian Restaurant - Profitable, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01840957. Location Matters Inc. .
Contact
Details
Asking Price: $750,000.00
Down: Call/Email
Cash Flow: $350,000.00
Revenue: $1,900,000.00
Area: Pacific Beach
City: Pacific Beach
Attributes:
My Notes About This Listing
Cash flow
Call/Email
Revenue
$1,200,000
Down
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The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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