Businesses for Sale

Italian Restaurant with Real Estate Included

 

Restaurants - Ethnic Restaurant

Contact Information

Richard Smetana
CBI, CBB
Sunbelt Business Brokers of Coachella Valley

phone: (760) 568-1511
CONTACT US TODAY


Status Contract Pending
Listing ID N376-RS
Listed Price $820,000
Down Payment $820,000
SDE $76,411
Total Sales $832,648

Asset Info
Real Estate† $590,000

Included in price
Not included in price


Reason For Sale

Retirement


Operations

Year Established 1966
Form of Ownership Sole Proprietorship
Absentee Owner N
Franchise N
Days & Hours Monday-Sunday varies by day
Years Owned 17
Business Age 46

Location

Indio
Type of Location
Lease Expires
Security on Lease
Location Comments

Executive Summary

Business Description

Landmark Italian Restaurant & Property for sale in heart of City of Indio, California. Located on famous & busy street. Voted Coachella Valley's Favorite Italian Restaurant, Favorite Pizza for Seven Years in a row. Excellent staff in place & want to remain with business including chefs. Owners greet customers when at restaurant, want to retire. Restaurant opened in 1966 and current owners since 1994. Open pizza kitchen in front & prep kitchen in back. Main dinner room seats & private party room seats 55. Covered outside patio.

Property is .40 acres. Owners prefer to sell property & business, but business asking price is $230,000 with strong experienced buyer with collateral. Restaurant & Pizzeria is one of the most popular Italian restaurants in Indio. It specializes in serving the freshest, highest quality ingredients, consistent daily preparation of the food and the serving of the food in the best manner possible. Check out this landmark popular restaurant with property for sale.