Classic Italian Restaurant

Classic Italian

Location: Cincinnati, Ohio
Industry: Food Businesses, Coffee Shop

Asking Price: $549,000

Annual Revenue: $1,018,000

Annual Profit: $175,000


FF & E: $50,000
Inventory:$10,000
Year Founded: 1986
Number of Employees: 10-50
Website: http://www.for-sale-businesses.com/buy/business-detail/biz/11804/Classic-Italian-Restaurant
Reason For Selling: Retirement

Description of Business:

Established over 20 years ago, this beautifully decorated, fine dining Italian restaurant enjoys a loyal and growing clientele which has produced over $1,000,000 in sales in 2011 and owner earnings averaging over $200,000 the past 3 years. The menu is a classic Italian menu which is simple, but elegant. The soon to be retired owner has invested over $250,000 in furnishings, state of the art equipment, and fine decor to make this a very well managed and professionally operated restaurant. The kitchen is very efficient and immaculately clean. There is an excellent staff that has been in place for many years which includes a head chef, a manager, cooks, servers, and a bartender. This is an established location in the heart of an upscale community in Greater Cincinnati. This is a popular location for rehearsal dinners, holiday parties, romantic dinners, and special family gatherings. Included in the price is a full liquor license. Owner prides himself in his long and well selected wine list with many older vintages.

Seller will stay on as long as necessary to ensure the comfort of the buyer.

 

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Business Broker: Dan Long

4790 Red Bank Expressway Cincinnati, Ohio
Phone Number: 513-321-7666

www.VRqueenCity.com

COMPANY INFORMATION:

VR Business Brokers has sold more businesses in the world than anyone. Greg Hedgebeth, CPA and Dan Long of VR - Cincinnati are committed to using their business ownership backgrounds in assisting business owners to effectively sell their businesses.

http://For-Sale-Businesses.com

 

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Alex Bricker

Fort Collins, CO

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