Business for Sale Overview:
This Italian restaurant offer families a flavorful and diversified menu that is prepared fresh to order. They have a full kitchen, bar, and dining room with seating for over 100 people. The restaurant is located in a nice growing community with many surrounding neighborhoods. They provide a welcoming environment that is designed to serve the customer and a variety of dining options to meet their needs. Currently open 7 days. The have a liquor license, with beer only on Sunday.
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Property Features and Assets:
This eatery is located on a main road in a growing community. The building has good visibility from the street. The interior is nicely decorated and new. Kitchen is clean and kept in very good condition. The restaurant is 3,300 sq. ft. with a lease of $4,567/mo. Ample well lit parking available. Six years remain on the lease with two 5 year options.
Market Competition and Expansion:
Business has steadily increased. Business had gross sales of $800K in 2007. With new owner able to spend time in the restaurant the growth potential is unlimited.
Reason for Selling:
Other business interests.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.