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PROPERTY DETAILS
Sell your business or commercial property?
Asking Price $390,000
Gross Income $2,100,000
EBITDA N/A
CAP Rate 45.13%
FF&E N/A
Established N/A
Rent/Month $3,900
Down Payment N/A
Cash Flow N/A
Net Income $176,000
IRR N/A
Inventory $5,000
SQFT N/A
Lease Terms 3+4
Est Loan PYMT N/A
* Not Included in the asking Price
Description

Italian Restaurant for sale! An excellent opportunity to own an Italian restaurant with a full liquor bar. This restaurant is a high volume Italian Restaurant located in a unique area of Santa Cruz County which has been operating very successfully for the last four years. Family and business conference friendly Authentic Sicilian Italian cuisine. The current owner had negotiated great rent terms. The restaurant currently runs absentee owner. The restaurant has nice interior decor with a full bar — lots of upsides for a buyer with excellent management skills.
Type 47 hard liquor license.
The restaurant kitchen is fully equipped to handle rush hours.

The financial information was supplied by the seller and has not been verified by the broker. The broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Listing Contacts
ajrana
  • AJ Rana - 1999 S Bascom Ave
  • Campbell, CA 95008
  • Phone: 408-780-2200
  • Phone Alt:510-737-8500
Location
Santa Cruz County, California
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