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2 Buying Options for A Profitable, Chef-Driven Restaurant
Tour the space: https://youtu.be/7ZJFg45S74M?si=M8-1Lq49VbwHHIRl
Johnny's Italian Dining has a track record of strong financial performance. With consistent revenue growth and healthy profit margins, it represents a solid reliable investment.
Option 1: $495,000
- Purchase the business by itself with a great lease price and the option to buy the RE at a later date, if desired
Option 2: $950,000
- Purchase the business, liquor license and real estate / This option provides BOTH business income and a steady stream of rental income from upstairs apartments
Listed By: Lisa Tomasovich
Background information
Reference:
24-369
Year established:
2010
Reason selling:
Retirement
Finance
Sales:
$1,200,000
Profits:
$250,000
Operations
Equipment:
New kitchen line, walk-in cooler & freezer, new plumbing from kitchen to street
Premises
Square footage:
7500
Price and terms
Price:
$495,000