Italian Restaurant

Listing ID: ABB24021

Quick Facts

Category:	Restaurants
Asking Price:	$650,000
Cash Flow:	$217,482
Revenues:	$1,131,818
FF&E:	$100,000
Inventory:	$10,000
Real Estate:	Leased
Employees:	22
Home Based?:	No

Business Description:

Award-Winning Italian Restaurant. Established in 1997. Popular within the local community as well as with prominent local figures. Italian cuisine showing a traditional Italiana ambiance. Highly trafficked popular historical location. Strong management in place with key staff members that have been with the restaurant for over a decade. Opportunity to expand operations. Great opportunity for a new motivated owner to take an established brand to the next level.

Real estate transactions brokered by Alpine Business Brokers, LLC.

Location:

Utah

Training:

Seller will provide training during a reasonable transition period.

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Frequently Asked Questions

Why isn't there more information?

We provide general information about our business listings to give prospective buyers an overview while intentionally withholding certain details to protect the confidentiality of the business and its owner. This approach safeguards sensitive information from competitors, employees, and other parties who might misuse it.

If you're interested in learning more about certain listings, we will send you a Non-Disclosure Agreement (NDA). Once the NDA is in place, we can share more detailed information, including the business name, financial records, and other essential details necessary for evaluating the opportunity.

How much do you charge?

We represent the seller and receive our commission directly from them. As a buyer, you won’t incur any fees from Alpine. However, the escrow attorney will charge a fee for preparing and executing the closing documents, typically $575.

Do you assist with financing? How large of a business can I buy?

Alpine provides complimentary SBA (Small Business Administration) loan assistance for all our listings. SBA loans typically require a minimum down payment of 10-15% of the project cost (purchase price plus bank fees). For example, with $100,000 in cash, you could potentially purchase a business valued just under $1 million. Keep in mind, loan approval depends on several factors, including industry experience, proper debt servicing ratios, and other qualifications, but these are general guidelines.