Established Italian Restaurant & Wine Bar, 2 Locations, Turnkey Operation - City, State

Featured on BusinessForSale.com . 38 viewed

Asking Price

$4,820,000

FOR SALE - ACTIVE

Detailed Information

Location

Rhode Island, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

A highly successful restaurant and wine bar is available for purchase, presenting a lucrative investment opportunity. The business has a proven track record of profitability, with solid financial records and a prime location that allows for further growth. Financing options are available for qualified buyers. The establishment boasts ample parking, top-notch equipment, and a desirable lease term, making it a turnkey operation for a new owner. With a focus on Casual Upscale Italian cuisine, this business includes two locations with spacious seating areas and attractive outdoor spaces. Both locations operate daily and hold necessary licenses for serving liquor and entertainment. The combined sales for the two locations amount to $4,593,000, generating a substantial cash flow of $945,629. The asking price of $4,820,000 includes not only the business operations but also the real estate for one of the locations. This opportunity is ideal for entrepreneurial individuals looking to acquire a successful restaurant business with the potential for expansion and continued success.

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