Italian Restaurant W/Pizza
Top Rated | Springdale, AR

 
Springdale Arkansas Italian Restaurant for Sale Italian Restaurant for Sale Springdale Arkansas

Asking Price:$160,000

Cash Flow:$70,000

Gross Revenue:$448,000

FF&E:$50,000

Inventory:$5,000

Lease Rate:$3,000 /Month

Established:2016

Business Description

Family dining with old world charm in newly renovated facility. Located on busiest north/south thoroughfare in Springdale with plenty of parking. Menu includes pasta dishes, pizza and specialty items prepared with fresh ingredients. All meals are cooked to order using old family recipes. Everything from breads to pizza sauce is made in house every morning. Does a great lunch business due to proximity to Tyson, Cargill, J B Hunt and other businesses in the area. Great reviews on Facebook Page, Yelp and Google.

Detailed Information


Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
12/31/2024
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free standing building, 3,000 square feet that has been recently remodeled. Situated on a corner lot with plenty of parking near several large companies. Seating currently setup for 92 patrons.
Competition:
One of three Italian restaurants in city of over 78,000 serving dinner and one of two that are serving lunch. High margin fresh food menu items with little to no competition.
Growth & Expansion:
Loyal following, great reviews, population growth, full employment in area. Could add patio area and possibly add limited mixed drinks menu with licensing and minor modifications to facilities.
Support & Training:
Owner will provide 2-4 weeks of training and introduction to clients and vendors.
Reason for Selling:
Other Interests

$160,000

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