Summary
- Asking price:
-
€1m < 5m
- Sales revenue:
- €500k < 1m
- Net profit:
- €250k < 500k
- Years established:
- 5 YEARS
- Employees:
- 9
- Relocatable:
- This business can be relocated.
Business description
500 square meters restaurant and lounge bar.Venue for important fashion events, conference,shooting, parties. Traditional Italian cuisine reported on luxury travel guides. 140 seats, two bars,well furnished by reknown architect
Property information
- Real Estate:
- Lease
- Lease terms:
- THE LEASE WILL LAST TILL 2022,BUT THE PROPERTY (if requested) CAN BE SOLD TOO.
- Location:
- The restaurant is 5 minutes walk from c.so buenos aires the most commercial street in milan, 10 minutes by taxy from piazza duomo.
Other information
- Expansion potential:
- Open at lunch time,brunch on Sunday
- Competition / Market:
- At the moment we are not able to outline any threats to the business, apart from a reduced buying power from the Italian customer.
- Support & training:
- we will support and train the prospective buyer for at least 3 months
- Reasons for selling:
- new business abroad
- Trading hours:
- 07.00 pm 02.00 am
- Financing available:
- yes
- Furniture / Fixtures value:
- €50,000
- Inventory / Stock value:
- €20,000