Business Overview

This authentic Italian dining is one you do not want to miss out on. Their cuisine is made from scratch with fresh ingredients daily and is one of the most known in the area. Their beautifully crafted menu includes hand-made pizza, pasta, entrees, appetizers, and desserts. With a full bar that offers a huge wine selection, customers get a taste of Italy right here in Lincoln, NE!

This restaurant offers it all with delivery and catering – perfect for events and parties!

Financial

  • Asking Price: $242,000
  • Cash Flow: $168,662
  • Gross Revenue: $535,488
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

retirement

Why is the Current Owner Selling The Business?

There are all kinds of reasons individuals choose to sell businesses. However, the true reason vs the one they tell you might be 2 totally different things. For instance, they may say "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these may just be reasons to try to hide the reality of changing demographics, increased competitors, current decrease in revenues, or an array of other reasons. This is why it is extremely essential that you not rely absolutely on a vendor's word, but instead, use the vendor's answer in conjunction with your overall due diligence. This will repaint a more practical picture of the business's present scenario.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Lots of companies finance loans so as to cover points such as stock, payroll, accounts payable, etc. Keep in mind that in some cases this can indicate that earnings margins are too small. Many businesses fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that need to be fulfilled or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the area bring in brand-new clients? Often times, operating businesses have repeat consumers, which develop the core of their everyday revenues. Specific variables such as new competitors growing up around the location, roadway building, as well as staff turnover can impact repeat consumers and negatively influence future profits. One vital thing to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the higher the possibility to build a returning customer base. A final thought is the basic location demographics. Is the business placed in a densely inhabited city, or is it located on the edge of town? How might the local typical home income impact future income prospects?