Business Overview:
This very successful authentic Italian restaurant is perfect for the experienced or aspiring restaurateur looking for a great return on their investment. With the addition of a liquor license, the new owner could significantly increase the already impressive sales
of this restaurant.
Recipes, training, and all FF&E to transfer to new owner.
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:
This Italian restaurant has new chairs and tables, new ventilation hood in kitchen, as well as Italian themed murals throughout the restaurant. The restaurant seats 120 people. The restaurant is located in a brand new, fully occupied, strip center. The lease has 9 more years left with options for 5 year or 10 year extensions. Lease payment is $2,500/month for 2,200 sq. ft.
FF&E of $100,000 + Inventory of $15,000 is included in the asking price.
Owner and brother will train for 2 months for $700/wk/each.
Market Competition and Expansion:
The biggest area for potential growth would be the addition of a beer/liquor/wine license. Wine/beer/liquor sales would significantly increase the already impressive sales numbers.
Reason for Selling:
Relocating out of state.
Additional Details:
- The property is leased.
- 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: