Seller's Contact Information

  • RE:  Fine Dining Italian Restaurant In Burlington
  • Contact:  Steve Ajmeri
Listing Update!
Update: Fine Dining Italian Restaurant In Burlington  is no longer available. We’ve included some similar active listings below that you may be interested in. You can also explore similar listings in the Food & Beverage: Restaurants, Fast Food, Deli Industry.

Business Overview:

Excellent opportunity for an experienced Italian Restaurant owner to acquire a fully equipped 65 seat fine dining Italian Restaurant. Well known and long established restaurant offers great seafood and pasta dishes. Current owner only opens Monday through Saturday from 4pm to 9pm and does not offer pizza. New owner can open for lunch and dinner and immediately increase sales. Sales price is less than the cost of opening a new restaurant of this size with leasehold improvements, fixtures and equipment. Bargain price for an experienced operator to take over!

Reason for Selling:

Retiring

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

Opportunity Update!

Exciting update: Fine Dining Italian Restaurant In Burlington has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!

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Turn-Key Operation for Startup or Expansion

Fort Myers, FL
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Herndon, VA
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Not Disclosed, CA
Alameda County

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Not Disclosed, WY
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Long-Established, Highly Regarded Restaurant

Not Disclosed, CA
San diego County

A rare opportunity to acquire a well-established, highly respected restaurant with over three decades of continuous success. Known for its elevated European-inspired menu, specialty cocktails, and live entertainment, this destination has become a local favorite, consistently serving both loyal regulars and new guests. The inviting interior features a recently updated bar, refreshed flooring and finishes, and a remodeled restroom. Guests enjoy both indoor and outdoor seating, including a beautifully appointed front patio. The outdoor terrace, updated in recent years, offers additional al fresco dining.The cozy, workable kitchen is fully equipped with newer appliances, including a recently upgraded walk-in compressor, modern pantry and line refrigeration, a newer oven and freezer, and a contemporary POS system with online ordering capabilities. Security cameras cover the premises inside and out for added safety and operational ease.Holding a sought-after Type 47 Cabaret Liquor License, the restaurant also offers regular live music performances through a professional entertainment service, enhancing the vibrant atmosphere.Operationally efficient, the business benefits from a seasoned and stable team, with many employees boasting years — even decades — of tenure. Current hours focus on lunch and dinner service Tuesday through Saturday, with flexibility to expand if desired.The business enjoys strong vendor relationships with major alcohol distributors and is fully turnkey for a new owner ready to step into a thriving and well-maintained operation.PARKING: Parking available in lotEQUIPMENT: The equipment is in excellent condition and has been well maintained.LEASE TERM: 5 years remaining with one (1) five-year optionBASE RENT: Approx. $8,318 per monthCONCEPT: Italian RestaurantSIZE: 1,900 SFSEATS: 94HOURS: Open 5 days a week (Tues-Sat)LICENSES: Type 47 Liquor LicenseSALES: $1,780,327 in 2024CASH FLOW: $47,550ASKING PRICE: $535,000 (For the Business)

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