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Beautiful Italian Restaurant Located Close To The Ocean Of This Well Known Coastal City

San Luis Obispo, California : Restaurants
Listing #2815

Beautiful Italian Restaurant Located Close To The Ocean Of This Well Known Coastal City RRC#: 2815 Asking Price: $275,000 Location: San Luis Obispo County, San Luis Obispo County, California Yearly Revenue: $1,500,000 Yearly Cash Flow: $156,000 Monthly Rent: 5,600 inclusive LISTING DESCRIPTION: Charming Italian restaurant, consistent money-maker, that has been serving authentic Italian cuisine since 2006. Sales over $1.5 million in 2016 only being open 6 days/week. Closed Mondays. This year on track to do more sales. Cozy and intimate with seating for 70.. Beer and Wine License included, Popular for elegant banquets and the more casual lunch and dinner parties. Fully equipped kitchen with Fire Suppression Hood. Detailed equipment list is available. Perfect family business. Great location !!! Surrounded by many Wineries many Bed & Breakfasts many Hotels RV Parks. Exploding tourist region nearby schools, as well as being a favorite with steady local regulars. Opportunity is knocking. Fill out a Non-Disclosure Agreement located at the top of the page to get more information and a complete equipment list Call today......... Must see this opportunity to live and work in one of the most beautifull cities on the California Coast. GENERAL INFORMATION: Organization: Corporation | Year Established: 2006 | Current Owner: 2006 | Seating: 70 | Square Footage: 2000 | Licenses Required: Business-Health-ABC beer/wine | Days Open/Hours: open 6 days lunch / dinner closed Mondays | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,500,000 | Yearly Cash Flow: $156,000 | LEASE INFORMATION: Monthly Rent: 5,600 inclusive | Lease Expiration: 2022 | Lease Option: one 5 year option | Security Deposit: 5,500 |

Asking Price:

$275,000

Gross Income:

$1,500,000

(last 12 months)
Cash Flow:

$156,000

(last 12 months)
Inventory Value:

Undisclosed

Year Established: Business is Closed: No
Seller Financing Available: No Owner Operated: No
FF&E included: No Home-based: No
FF&E Value: Training provided No
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $0 Number of Employees: 0
Real Estate Square Footage: 0

Beautiful Italian Restaurant Located Close To The Ocean Of This Well Known Coastal City

RRC#: 2815
Asking Price: $275,000
Location: San Luis Obispo County, San Luis Obispo County, California
Yearly Revenue: $1,500,000
Yearly Cash Flow: $156,000
Monthly Rent: 5,600 inclusive

LISTING DESCRIPTION:
Charming Italian restaurant, consistent money-maker, that has been serving authentic Italian cuisine since 2006. Sales over $1.5 million in 2016 only being open 6 days/week. Closed Mondays. This year on track to do more sales. Cozy and intimate with seating for 70.. Beer and Wine License included, Popular for elegant banquets and the more casual lunch and dinner parties. Fully equipped kitchen with Fire Suppression Hood. Detailed equipment list is available. Perfect family business. Great location !!! Surrounded by many Wineries many Bed & Breakfasts many Hotels RV Parks. Exploding tourist region nearby schools, as well as being a favorite with steady local regulars. Opportunity is knocking. Fill out a Non-Disclosure Agreement located at the top of the page to get more information and a complete equipment list Call today......... Must see this opportunity to live and work in one of the most beautifull cities on the California Coast.

GENERAL INFORMATION:
Organization: Corporation | Year Established: 2006 | Current Owner: 2006 | Seating: 70 | Square Footage: 2000 | Licenses Required: Business-Health-ABC beer/wine | Days Open/Hours: open 6 days lunch / dinner closed Mondays | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:
Yearly Revenues: $1,500,000 | Yearly Cash Flow: $156,000 |

LEASE INFORMATION:
Monthly Rent: 5,600 inclusive | Lease Expiration: 2022 | Lease Option: one 5 year option | Security Deposit: 5,500 |


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