Italian Restaurant

$325,000

Orange County

Asking Price: $ 325,000
Type of Business: Italian Restaurant
Location: North Orange County
Hours of Operation: Sunday – Thursday 11am – 9pm, Friday & Saturday 11am-10pm
Gross Sales: $65-70,000 month
Adjusted Net Profit: $ 100,000 per year
Total Rent: $ 5,100
NNN: $ in rent above
Length of Lease: New lease available
Options: N/A
Sq. Ft. 1,900
Occupancy: 50
Number of Employees: 20
Full time: 4           Part time:  16
Payroll: $ 22,500
Insurance: $ 325
Gas: $ 400
Electric: $ 1500
Water: $ included in rent
Phone: $ 75
Trash: $ included in rent
Internet and TV: $ N/A
Cost of goods: 31%

 Business description.

100% manager run business. Manager to leave at the close of escrow. Owner does not work at all in this business. Net profit of $100,000 per year is including managers salary. Good upper income neighborhood location. Plenty of parking. Beer and wine license included in purchase. Very clean and good looking restaurant. Italian restaurant menu including Pizza. All equipment is in good condition. Sales growing annually.

 

Call for more details.

(714) 366-5498