Long Established High End Fine Dining Restaurant For Sale

  • Listing# : 11410
  • Listed Price : $1,800,000
  • Total Sales : $2,460,373
  • SIC : 5812.09
  • Down Payment : $180,000
  • Status : Closed
  • Discretionary Earnings : $654,584

Business Type :

Restaurants / Italian Restaurant

Business Description :

Well known fine dining restaurant in Northern Marion County with a warm and inviting atmosphere. Very profitable - Cash Flow: $620,034. Same location for 65 years - last 20 years by current owner. Known for excellently trained professional staff, high quality and authentic menu and wine selection. Facility is in pristine condition and has been consistently upgraded and maintained. Has been rated as one of the best restaurants in the city. Main dining room with 28 tables plus separate banquet room. Separate bar area with 17 tables and outdoor seating. Includes three-way liquor license. Serious and qualified buyer inquires only.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl : No
    • Real Estate $0
    • Incl : No
    • Inventory $50,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $250,000
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $750,000
    • Incl : Yes
    • Total Assets $1,050,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Restaurants