Asking Price: $549,000
Gross Income: $1,527,000
Cash Flow: $221,124
Seller Financing: $250,000
Exclusive 6 Day North Shore Italian Restaurant with a full staff is ready for an experienced operator to come in and build off of the continuous growth this location has to offer. Lunch , Dinner , Beer , Wine , Personal Pizzas to stay or go. Current owners have recently remodeled , upgraded 90% of the equipment , added a beautiful outdoor patio with seating and increased sales with more room to grow. On top of the verifiable $1.5M gross there is additional income and net that the seller will discuss with a serious , qualified buyer. Seller is also offering 40% financing to a qualified buyer with the right offer. 12 yrs left on current lease with very low rent for this well groomed area. This location is priced to sell quickly.
The financial information herein has been provided by the seller. East Coast Business Brokers & East Coast Realty Partners or its "brokers"agents" make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.
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