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Italian Restaurant for Sale in GalvestonDescription:
Fine Italian restaurant is for sale. Located in the historical district of Galveston, blocks from the Gulf, this hidden treasure seats 65 inside and 16 on the patio. Serving lunch and dinner, with daily homemade pastas and desserts promote repeat business from surrounding offices and tourists alike. High reviews by Trip Advisor, Yelp, Texas Monthly and American Express.
Presented by Sunbelt Business Brokers – Houston; a division of Sunbelt Network, the largest organization of business brokers and M&A professionals world-wide. Call David Quintanilla at 281.440.5153 for complete details.
|Industry: Food / Beverage|
|Purchase Price:|| $200,000
xPurchase Price Notes:
|Annual Cash Flow: *||$100,000|
|Listing Agent:||David Quintanilla|
|Annual Revenue:|| $450,000
xAnnual Revenue Notes:
|Real Estate:|| Not Included
xReal Estate Notes:
* Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner’s compensation. See earnings detail from Seller.