VR | Valued Representation: Office Locations | Contact Us | Home

Authenic Italian - Great Location & 72% Margins for Sale in Athens, GA

Reference #: 41415052
Location: Athens, GA
Price: $350,000
Amount Down: $350,000
Revenues: $480,000
Discretionary Earnings: $151,160
Total Assets: $48,451
Business Description:

This restaurant founded in 2007 has already established a reputation for authentic and fine Italian dining by consistently delivering high quality food and beverages at reasonable prices.  The entrees are expertly prepared by a well-trained and experienced staff. This restaurant offers full bar service that includes an excellent wine selection.  Located in the heart of the “dinning district”, in this University of Georgia community, the restaurant seats 75 plus additional seating for 7, at a distinctively designed bar.  Only three years in existents, the restaurant is already generating very strong sales and earnings with a 23.5% compounded annual percentage growth rate. Customer's give rave reviews:  “A little piece of Italy”; “Best lasagna ever”; “Great restaurant top to bottom”; and “Oh so good”.  Owner is returning to Italy.  A very favorable lease rate. For further information, please contact Mike Togneri or visit www.vrsatlanta.com.


Contact Us About This Business For Sale

The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.