Best Location In Town

Business Overview:

Discover an exceptional opportunity to take over a beautifully renovated, turnkey Italian restaurant in a prime location steps from Yale University. This impressive 3,200-square-foot space features 90 warm and inviting dining seats, a lively 20-seat bar, and one of the area’s most sought-after patios, with room for 60 guests. The lease is remarkably attractive at just $9,300 per month, inclusive of trash removal, property taxes, and insurance. A recent top?to?bottom renovation—valued at $1,000,000—has left the restaurant in outstanding condition, ready for a seamless transition. Open seven days a week for lunch and dinner, this establishment is already a strong performer with significant room for further growth. Its proximity to Yale ensures a steady flow of students, faculty, theatergoers, and visitors. Currently operated absentee, the owner spends $170,000 annually on management—income you can capture by running the business yourself. This is the go-to dining destination for the Yale community, and now it can be yours. Opportunities like this don’t come around often.

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

3,200 ultimate square feet, 90 booming dining seats, 20 electric lively bar seating, one of the best 60 seat patio in town, a bargain rent $9,300 all in (includes trash, property tax & insurance), turnkey in excellent condition with recent $1,000,000 complete renovation, preeminent envied location, the go to place for the Yale community, open 7 prosperous days lunch & dinner, absentee owner, management cost whopping $170,000 which can be yours, coveted full basement with walk-in & storage, high grossing cash cow with upside potential

Market Competition and Expansion:

Competition: Prime Yale-area location with constant foot traffic and built-in demand / Turnkey, fully renovated space—no downtime, no capital outlay / Exceptional rent value for the neighborhood, all in and below market.

Growth & Expansion: Capture the $170K management expense by transitioning from absentee ownership to an owner.operator model / Boost catering and takeout—high demand opportunities in a dense university market / Increase bar revenue with craft cocktails, happy hours, and themed nights

Reason for Selling:

other business interest. Kindly ask the seller for more information.

Additional Details:

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