Well established Italian restaurant for sale

Henrico County, VA

Seller Financing Available

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Asking Price:$199,999
Gross Revenue:$615,000
Rent:$7,000/Month
Established Year:2000
Cash Flow:$67,000
Inventory:$8,000
FF&E:$10,000
BUSINESS DESCRIPTION

Well known in the west end

Well established, serving the heart of the west end for over 20 years. Pleasant dining and covered patio with seating of up to 75 customers. Delivery, carry out and dine in. Vast menu includes pizza, pasta, subs, salads, appetizers and desserts.
Very visible location right on main road in west end.
Open to offers


DETAILED INFORMATION
Location
Henrico County, VA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Lease Expiration
01/01/2030
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Seating for 50 guests inside and 30 on covered patio. Boasts one of the largest brick ovens in Richmond. 2 New prep stations, new oven, new air conditioner.
Growth & Expansion
Numerous apartments currently being built as well as several business soon to be open.
Financing
Willing to seller finance with deposit
Support & Training
Willing to train for 3 weeks
Reason for Selling
Family issues
Franchise
This business is an established franchise
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Rich Handschuh
Rich Handschuh