Business Overview:
Upscale Italian Restaurant. Clean lots of Ambiance. Has a Beer/Wine license. Main thoroughfare in Monrovia. Lots of other different types of restaurants, shops, theater and lots of walk-in traffic.
Inside area has approx. 2,700 sq. ft. with an outside patio seating area of approx 400-500 sq. ft. Buyer may apply for a full liquor license which would increase revenue.
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.
Property Features and Assets:
Located on a main thoroughfare in Monrovia. Inside area has approximately 2,700 sq. ft. with an outside patio seating area of approx 400-500 sq. ft.
Seller will train as agreed upon between buyer and seller.
Market Competition and Expansion:
Prior monthly sales have been over $48,000/month. Due to the slump in market conditions, their business is down about 25-30%.
Buyer may apply for a full liquor license which would increase revenue.
Reason for Selling:
Commute. Living out of area.
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.
Resources: