Legal Descriptions
Price Reduced for Quick Closing! The original listed price was $399,000. An excellent opportunity to buy an Italian Restaurant with a full bar, situated in the prime location. This restaurant is a high pace 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 owners. 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. Important: Please print and sign the NDA for more information. Note: Proof of funds required for the Financial package. Gross Sale: $1.9 Mil Plus Net Income: $163,000 Plus ( Before Add-Backs) Net Income After Add-Backs: $208,000 Plus Rent: $4100 Monthly Seats: 127 Size: 3477 Lease 3 year with 4 years option Employees: 2 full time and 36 part-time 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.
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