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Low Overhead, Strong Income, Italian Restaurant in E. King County

For Sale in Issaquah, WA

Listing ID: 31861-687711 | Broker Listing ID:

Financial & Assets Details

$1,949,331
$510,846
$50,000
$2,500
Yes

About the Business

Yes

Business Description

Here fine food and wine are a way of life. All dishes are prepared with
passion and tradition, using only the freshest, highest quality real Italian
ingredients. Charismatic Italian family ownership brings a classic
atmosphere to the restaurant where everyone is part of the family. A quality
menu with many family recipes and a top unique wine list including wines
produced by the family.

Genuine Italian restaurant booked to capacity, with strong online reviews,
incredible sales per square foot, and management in place. With a seating
capacity of 30, average ticker per PERSON of $89, and two turns of the
restaurant nightly, 3 turns on weekends, the demand is here for this
restaurant. Owner opens and preps the restaurants daily for 2 hours,
manages the restaurant 3 days per week for 8 hours. Restaurant is run by
a husband and wife team, wife income not added back in financials to
reflect ability to hire additional manager through cash flow of the business.
Strong sales, incredible bottom line, and a seller looking to head back
home leaving you an incredible opportunity to buy a restaurant producing
strong profits with small overhead.

Growth & Expansion

- Expand hours to open on Mondays
- Increase marketing efforts
- Increase pricing of menu

Seller Financing

Seller financing available for qualified buyers, terms to be negotiated based on buyer experience and financials.

Market Competition:

- Very strong profits and sales per Sq ft
- Manager in place, owner preps daily, manages 3 days a week
- Very low lease rate relative to sales
- Restaurant is at capacity nightly
- Average ticket is $89 per person

Location Details:

Contact Agent

Reason for Selling:

Relocation

Listing ID: 31861-687711

Contact Broker

Transworld Business Advisors Renton www.tworld.com/locations/renton/ Listings: 30(206) 456-4355 View My Listings

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