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Profitable & Established Italian Restaurant For Sale - Retiring Owners

Austin, TX
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Sale Pending
Asking Price:$1,990,900
Gross Revenue:$1,860,467
Rent:$7,600/Month
Cash Flow:$599,000
Inventory:$25,000
Established Year:2012
Listing ID: 2292808Listing provided by BizBuySell
BUSINESS DESCRIPTION

Over 3000 Reviews - Great Reputation On All Platforms - Turn Key

This thriving, well-established Italian restaurant has been a cornerstone in the community for over 10 years. It offers authentic Italian dishes in a warm, inviting atmosphere in an amazing location. This is a rare opportunity to acquire a well-established, profitable business in the hospitality industry with significant room for growth.

Few Key Highlights:

- Amazing Online Reputation
- Committed Staff with Longevity
- Clean Books and No "Voo-Doo" Accounting
- Steady and Growing Sales
- One Major and Easy To Implement Growth Opportunity
- Great Owners who will help transition
- SBA Pre-Approved
- $565,986 = 2023 Seller's Discretionary Income


Act fast before it's too late and under contract. Inquire through the contact page today to learn more.

Please note that an NDA and Buyer Qualification form will be required prior to releasing any confidential information.

DETAILED INFORMATION
Location
Austin, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,182
Lease Expiration
11/10/2028
Employees
20
Facilities
A well-maintained restaurant that captures the essence of authentic Italian dining with indoor and outdoor dining. Excellent location.
Growth & Expansion
One significant and easy growth opportunity for a rejuvenated and younger future owner. Inquire to learn more.
Support & Training
The owners are committed to a smooth and successful transition and will work with the buyer to develop a reasonable transition plan to help ensure success.
Reason for Selling
Retiring
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Alex
Khabbaz
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Alex Khabbaz
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