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Casual Family Italian Restaurant

Biloxi, Alabama

Asking Price: Gross: Cash Flow:
$79,000 $350,000 $100,000

Furniture and Fixtures Value:
$60,000 (included in the asking price)

Inventory Value:
$3,000 (included in the asking price)

Business Summary:
Family recipes, kitchen staff, and service team will remain with this popular casual dining family restaurant. The first location was opened in 2008. This location is their most recent and well located in the Biloxi marketplace. Menu includes both authentic Italian and Mediterranean selections of appetizers, salads, pizza, main entrees, and children’s menu.Owner is retiring and ready to sell! The owner will support a smooth transition of the business and looks forward to a successful continuance of the business and his family recipes to a new owner. Asset priced sale. Excellent return on investment for new passive or active owner. This restaurant and the original location in Arab, AL area are both for sale.

 
   
   
Year Business was Established: 2015
   
Number of Employees: 4 FTE, 1 PTE  
   
Owner willing to finance: Seller will consider some financing for a qualified buyer  
   
Owner willing to train: Seller will negotiate a transition period  
   
Reason for selling: Retirement  
 

 

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