Well Known Classic Italian Restaurant

Price: $250,000

Location: Gulf Shores, Alabama

Listing ID: 1-25

Listing Status:

Description

Want a reliable entry into the restaurant industry? This is it! This Italian restaurant has been around for over ten years and is a favorite for locals and tourists alike. This restaurant is always busy and located in a classic, well-known area. Only a few minutes from both OWA and the Tanger Outlets, this restaurant receives a ton of traffic from other local tourist destinations. Additionally, this company also has a 2nd kitchen and dining area that needs to be used for catering and events, or it could house several ghost kitchens for amazing revenue and profit. This company is profitable but the owner is older and selling to retire and spend more time with his family. This company needs either an active owner to manage it or for a new owner to hire a manager- but either way it's good to go.
Italian Restaurant plus multiple ghost kitchens= Money

LISTING DETAILS

Total Sales: $516,612

Cash Flow: $70,560

FFE: $52,000

Inventory: $5,000

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Gene Townley

Gene Townley