Restaurant with Cocktails
About this business for saleRestaurant with Cocktails
Beautiful restaurant with cocktails and entertainment. Nearly $1,500,000 gross on the tax return. 8500 sq. ft. Seats 250. Large varied Italian/American menu. Restaurant is very well known in the area. Free Standing location. Ample parking. Nice outside patio. Nightly entertainment.
Buyer get 10 year lease or possibly buy property. Visible location on major blvd. Fully equipped kitchen. All health permits are current.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.