Seller's Contact Information
- RE: Full-Service Italian - American Restaurant
- Contact: Thomas Vondell
Business Overview:
Highly Profitable, Newly Renovated Italian American Restaurant that locals love! Well known for quality food, ambiance, lovely bar. Fantastic, highly visible location Complete turn-key package includes commercial kitchen fully equipped, full staffed, 2 full bars with license, 2 floors, inventory, walk in freezer, parking, and seating for 70.
Highly scalable restaurant has great opportunity for improvement as there has been little marketing, no delivery service, not open lunch or to catering-all would continue to raise revenue. Owner is the head chef and can stay on for 6 to 9 months for the new owner, then retire.
Numbers only reflect through November. New financials for 2022 coming out will reflect approximately $15,000 higher SDE. For more detailed information, please contact listing agent Thomas Vondell.
Property Features and Assets:
This is a leased location of 1,600 square feet with a Total monthly rent of $1,270. Lease ends 3/2024 with Five 2-years options. Seller is active with 6 Full Time employees. Hours of operation are 4pm – 9pm Wednesday to Sunday. $20,000 in inventory and $45,900 in FF&E included in the asking Price. $15,000 made in leasehold improvements. Other Assets includes all equipment, FFE. Liquor license required.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
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: Full-Service Italian - American Restaurant 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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