Popular and Profitable Italian Restaurant, Lehigh Valley
Location: Pennsylvania > Lehigh County > Lehigh Valley
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $375,000
Gross Revenue: $1,000,050
Cash Flow: $102,223
Inventory: $9,500 (Included in Asking Price)
FF&E: $124,000 (Included in Asking Price)
Business Summary
This well-known Italian Restaurant has won several awards over the years. It is located in a highly visible, well-maintained strip center with easy access to surrounding communities. The restaurant has an excellent reputation for authentic Italian cuisine made with quality ingredients and exceptional craft. This restaurant is a BYOB favorite in the Lehigh Valley.
About the Business
Year Established: 2001
Facilities: The restaurant occupies over 2700 sq. ft. of space in a highly visible strip center in an affluent neighborhood. It is well-appointed and maintained. The dining rooms are nicely decorated and kept clean and attractive. In the kitchen, all equipment is three years or younger and replaced every three years on a rotating basis.
Market Outlook and Competition: The owner currently does very little in advertising. A new owner could consider local marketing such as Clipper magazine, Val-Pak and similar marketing tools. Bulk mailings of paper menus should bring in new customers. A new owner could consider delivery and/or catering. There is no immediate competition. General market competition in the area is standard and expected although the restaurant’s reputation sets it apart from the competition.
About the Sale
Management Training and Support: Owner willing to train and stay for a thorough transition.
Reason For Selling: Retirement

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Listing Tools
BizQuest ID:911313
Seller ID:L20065
Business Listed By
Name:Connie Miller
Company:Lehigh Valley Business Brokers
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