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Italian Pizza & Pasta Restaurant
Location: United States -> North Carolina -> Avery County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

This location and this restaurant are truly special. Nestled in the heart of the North Carolina High Country just off the Blue Ridge Parkway, this highly popular Italian restaurant has been an institution here for over 22 years. Now the founding owners are looking to retire. Not only is this a one-of-a-kind restaurant for this area- there is very little competition for dining here. This is a very profitable operation; and, although the season peaks in the tourist seasons of spring and fall, the business sustains itself year-round.

Its very attractive 3,086 sq. ft. building on .84 acres allows for seating of 100 inside, plus outside seating of 30. Very spacious and well maintained parking lot. All of the kitchen equipment has been recently upgraded including a new $12K pizza oven. Has all A.B.C. permits. Drive-in window is very popular. Besides having strong tourist business, this restaurant benefits from being surrounded by five very affluent golf and country club developments. The owner is willing to consider partial financing. Additionally, the property can be purchased directly from the owner.

Please contact the broker at 1-877-735-5224.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $675,000
Cash Flow:   $195,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $6,000
Seller Financing:  No

About The Business

Year Established:  2017
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train new owner.
Reason For Selling:  Seller is retiring.

Photos

View Larger Photo(s) Of Business
Italian Pizza & Pasta Restaurant Photo 1 Italian Pizza & Pasta Restaurant Photo 2 Italian Pizza & Pasta Restaurant Photo 3




Print Listing Id: 700279951


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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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