Business for Sale Overview:
This is an award winning, long established Italian restaurant with a diverse menu and best known for great pizza. It seats 90 plus, operates 7 days a week and serves beer and wine. The kitchen is well equipped with 4 Lang Electric ovens, 200 lb. and 100 lb. bag dough mixers, a rounder/divider and much more. The restaurant has 3 large flat screen TV's positioned so they are visible to all patrons.
The current owners have operated the restaurant since 1970 in the same location. They have built a reputation for serving great food in a family atmosphere. As a result, their gross sales are staying strong even in this weak economy. New owner could significantly expand the business by offering delivery.
Also, new owners that want to take a more active role in the running of the restaurant could let go of their full time manager and realize an additional $40,000 to $50,000 of earnings.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
2,425 square feet on .31 acres of land with ample parking. Great location on busy thoroughfare. Restaurant has good signage.
Market Competition and Expansion:
Current owners have operated the restaurant since 1970, but it was originally built in 1960 and has been in the same location since that time. Proven location. The owners have established a reputation for serving great food in a family atmosphere and therefore have a very loyal clientele. As a result, they've maintained strong gross sales even in a weal economy
Reason for Selling:
Owner wish to retire
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.