Forget building a new location and starting from scratch! Save time and money when you purchase an existing profitable business like this Italian Restaurant for Sale in the busy Greensboro Market. Strong sales of $374,000 is earning an owner/operator $57,000 in 2022. Beer and Wine license helps drive these earnings in!
This Italian Restaurant for Sale
has been in operation since 1996 and is ready for a new owner. The current owner sees $374,000 in annual sales, bringing home $57,000 in owner benefits! With a build out cost of $475,000, you can take over this excellent location today and make it yours for just $189,000!
The seller has spent years nearly three decades perfecting these menus and making this Greensboro Gem a success! It's time for them to retire and hand over the reins to a new owner. Great location in Greensboro offers 2,000 square feet of space that has an all-in rent of just $6,000 for a large space that offers inside seating for 40 with an additional seating area for 20 outside! The lease is valid through 2023 but additional terms and options can be negotiated. The Restaurant Brokers at We Sell Restaurants
will handle all the negotiations with the landlord on your behalf at no cost to you! This highly visible and busy shopping center offer tons of parking and creates plenty of customers for this busy Italian Restaurant for Sale!
Closed on Sundays and and with shortened hours, as the new owner of this Italian Restaurant for Sale you get to choose to extend the current hours or keep them the same. The name, recipes, and all branded equipment are transferred at closing, and the seller is willing to stay on and assist the new owner for two weeks to help for a smooth transition.
No need to stress about financing because we have resources available. We can get our sources to approve your lending with a minimum amount down. Our lenders are on standby ready to help entrepreneurs like you achieve their dreams or expand their portfolios.
Acknowledge confidentiality and learn more about the details of this listing. Don’t wait—Contact the Restaurant Brokers to secure your offer on this Italian Restaurant for Sale today.
This is a Certified Pre-Owned Restaurant® the highest standard for restaurant listings. It has been reviewed by a Certified Restaurant Broker® and has verifiable Sellers’ Discretionary Earnings (SDE). It has been listed based on the strictest industry standards and if SBA lending is advertised, the business earnings qualify subject to Lender’s review & approval.
The Business Analysis Tool with the latest profit & loss information is available for immediate review by qualified buyers and has been evaluated based on industry guidelines for expense ratios.
The equipment in the store transfers free and clear of any liens subject to UCC Lien search by closing agent. If the space is leased, it is available for assignment, extensions, renewal or new agreement for qualified buyers and if the business is a franchise, it meets the criteria for transfer for assignment of the franchise.
The acquisition of a Certified Pre-Owned Restaurant® includes the services of a Certified Restaurant Broker® at no cost to the buyer.
Please click on the tab below to easily acknowledge confidentiality on this Italian restaurant for sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Robin Gagnon at (404) 800-6700
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