Business For Sale

Business for Sale Overview:

Full service great food, huge parking lot, extremely desirable location – (across street from Bus Depot, Tourist Attraction and huge parking lot). The downside is only open 4 hours per day – losing potential income and profits from lunch or lots of dinner crowds. With such a huge parking area – too large for 150 seat restaurants free daily parking can be given to guests who come back for dinner/entrée. Interior of restaurant is attractive with bar/lounge areas and two separate dinning rooms – one room can be set aside for catering which place will not take if ending time is much later than 9:30 closing. Food/menu for classic Italian fare are excellent, all entrees are free cut no portion control here. 50% of entrees served are seafood. Sauces are tasty. 70% food, 30% liquor does approximately 350 dinners weekly at average check of $40 per person. Plus outside catering. When owner took over and restaurant was open longer hours place was doing over 1,000 dinners weekly and lunch average $75). Food is consistent but wine list and bar limitations can easily be improved. Dinner service by waiters is completed. C liquor license value $100,000 – building and land available for $2,200,000. Building can be lit up better for late night or winter USC.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Market Competition and Expansion:

Competition: Only Italian themed restaurant in area – no restaurant open for lunch in area. Expansion: Hours of opening are the expansion potential here. Place is only open 4 hours per day. 7 days a week. Place should be open for lunch and extended evening hours to take advantage of lounge business.

Reason for Selling:

Wants to get involved with family business

Additional Details:

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