Business Details

Italian Restaurant

Location : Orange County

Type of Business : Italian Restaurant

Asking Price: $169,000
Inventory: $0

Gross Sales: $384,000

Summary of Business

 Well-established Italian Food Restaurant in the city of Fullerton with a major anchor store market in the center. For the last 40+ years, This legendary Italian restaurant first started out in Anaheim California, and was its original location until moving to Fullerton in 2019. known for their terrific recipes and customer service they are an Icon in the Italian food business,  the original owners still run the place and are willing to pass on their terrific food recipes to the new business owner which is worth their weight in gold. ABC #41 license is included in the sale if the business
This restaurant is decked out with the latest in restaurant equipment, a walk-in refrigerator. 12-foot kitchen hood with new pizza oven stoves and Hobart meat grinder slicers and mixers and lots more kitchen equipment cups dishes silverware and much more. If this Restaurant was open full time it would make a really great income.

the business has a pos system 
Grub Hub is approx $700 per week in income
door dash is  approx 700 per week income

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Other Details

Reason for Sale: Retiring

Income

Gross Yearly Sales: $384,000
Adjusted Yearly Net Profit: $80,400

Rent

Total Rent: $4,200
NNN: $700
Length of Lease: Lease expires: 02-23, Options Avail: 1 five year option
Options: 0
Sq. Ft: 1,200
Occupancy: 30

Employees

Number of Employees: 2
Full time: 2
Hours of Operation: 4 to 8pm T-Fr Sa-sun 12-8pm Payroll: $4000 approx.

Expenses

Insurance: $1,300 per year
Gas: $1,000
Electric: $900-1500 summer
Water: $inc
Phone: $115
Trash: $inc
Cost of Goods: $tbd

Additional Details


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