Established Carmel Restaurant-Nearly 4 Decades-Proven Cash Flow - Business for Sale
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Italian Restaurant with Event Space in Carmel, CA
Carmel, CA, US
Added 2 months ago
Restaurant / Food & Beverage
Absentee / Semi-Absentee
This is an established Italian-inspired restaurant in Carmel, CA, operating for nearly four decades with a focus on dine-in, private events, group dining, and catering.
Key Information
Asking
$495K
Revenue
$860K
Earnings
$220K
Multiple
2.3x
Key Highlights
- Business has nearly 4 decades of operating history
- Premises include approximately 2,672 sq ft of interior dining space and a 489 sq ft outdoor patio
- Restaurant accommodates approximately 100 guests
- Active ABC Type 41 (On-Sale Beer & Wine) and Type 58 (Caterer Permit) licenses included
- Business operates with limited day-to-day owner involvement
Contact Info
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