Italian Restaurant
Richmond

This well established neighborhood Italian restaurant is recognized for its handcrafted pizzas, authentic pasta dishes, and welcoming family friendly atmosphere. The business has developed a loyal customer following through its commitment to fresh, high quality ingredients, consistent food quality, and exceptional customer service. In addition to its signature pizzas, the menu features a broad selection of Italian specialties, appetizers, salads, wings, sandwiches, and catering options, creating diversified revenue streams and broad customer appeal. The restaurant offers dine in, takeout, online ordering, and catering services, positioning the business to effectively serve both individual customers and group events. Its strong local reputation, repeat customer base, and established community presence provide a solid foundation for continued stability and future growth opportunities.

Listing Number:

25503

Category:

Food - Pizza

Location:

Richmond
$530,000

Financial Information:

Gross Revenue:

$1,445,055

Listed Price:

$530,000

Down Payment:

$0

Total Income:

$177,115

Year Established:

1987

Lease Information:

Square Feet:

3000

Total Rent:

$3,168

Lease Expiration:

N/A

Lease Options:

1 option / 5 years

Asset Information:

Leasehold Improvements:

$45,000

Equipment / Fixtures:

$100,000

Inventory:

$2,000

Other Assets:

N/A

Additional Information:

Full-Time Employees:

10

Part-Time Employees:

4

Special License Required:

Health

Contract Labor:

0

Training Period:

1 Month

Reason for Selling:

Retiring

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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brokerPhoto
William Griswold
Office: (804) 520-7557 | Cell: (804) 721-4960
License #: N/A

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Italian Restaurant
Richmond

Listing Number:

25503

Category:

Food - Pizza

Location:

Richmond

Listed Price:

$530,000
brokerPhoto
William Griswold
Office: (804) 520-7557 | Cell: (804) 721-4960
License #: N/A
This well established neighborhood Italian restaurant is recognized for its handcrafted pizzas, authentic pasta dishes, and welcoming family friendly atmosphere. The business has developed a loyal customer following through its commitment to fresh, high quality ingredients, consistent food quality, and exceptional customer service. In addition to its signature pizzas, the menu features a broad selection of Italian specialties, appetizers, salads, wings, sandwiches, and catering options, creating diversified revenue streams and broad customer appeal. The restaurant offers dine in, takeout, online ordering, and catering services, positioning the business to effectively serve both individual customers and group events. Its strong local reputation, repeat customer base, and established community presence provide a solid foundation for continued stability and future growth opportunities.

Financial Information

Gross Revenue:

$1,445,055

Listed Price:

$530,000

Down Payment:

$0

Total Income:

$177,115

Year Established:

1987

Lease Information

Square Feet:

3000

Total Rent:

$3,168

Lease Expiration:

N/A

Lease Options:

1 option / 5 years

Asset Information

Leasehold Improvements:

$45,000

Equipment / Fixtures:

$100,000

Inventory:

$2,000

Other Assets:

N/A

Additional Information

Full-Time Employees:

10

Part-Time Employees:

4

Special License Required:

Health

Contract Staff:

0

Training Period:

1 Month

Reason for Selling:

Retiring

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.