Profile No. GD-0835
Intalian Restaurant & Bar
NAICS or Sic Code: 722551 Industry: Full Service Restaurants
Gross Sales: See Below Sellers Discretionary Earnings: See Below
Value of Assets Included: $75,000 Inventory Included: 
Asking Price: $117,500
$20,000 spent on tenant improvements

 


 

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Description: This popular Italian Restaurant and Bar, located in a southern Colorado city, provides Fine Dining but with lower-budget pricing. It began operations from scratch in November of 2016 and has performed fabulously ever since. Business has averaged just over $30,000 per month in sales and sales continue to grow. This restaurant has built an outstanding reputation in the community they serve and they serve the greatest-tasting Italian food around. They have tremendous reviews from customers on their Facebook page. Just imagine an evening dinner with your spouse or friend and you are dining to the popular Italian tunes by Frank Sinatra, The three Tenors, and others as well as a host of other tunes from Italy. What a treat!! The company has substantial potential and has shown considerable growth since its inception. They are open only six days per week and are closed on Sunday. The owner spends a relatively small amount of time at the restaurant as he has other business interests in town. A new owner could open on Sunday for a limited serving time and bring in several thousand dollars more in revenue per month.

This business was started from scratch by a local businessman in town. He added new décor including tables, chairs, and booths and as well remodeled an existing bar in the facility. While the restaurant has only been open for several months, it has made a big impact in the city and has been operating at a profit since day one.

This is a relatively new restaurant which was formed in November of 2016. Ordinarily, it would be considered a start-up company but it has been ringing in sales as if it were ten years old. Opening Sundays would create additional revenues even with a limited schedule say of 11 a.m. to 3 p.m. If current food quality and service is maintained by a new owner, sales have nowhere to go but up.

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