Seller's Contact Information
- RE: The Ultimate Opportunity
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $359,000 | |
Annual Revenue: | $1,600,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $220,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 450,000 | |
Real Estate: | $0 | |
Year Established: | 1997 | |
Employees: | Not Disclosed | |
BBN Listing #: | 802033937 | |
Broker Reference #: | CA |
Business Overview:
This legendary popular money making Italian & pizza restaurant with catering established for over two decades with an immense faithful customer base makes this the quintessential opportunity of the year. This is one of those unique opportunities with little if any risk, established for two profitable decades. Doing this kind of business with a rent like this is a buy you won’t see often. This wouldn’t be on the market except for the owners are moving on after a long profitable run and is now ready to hand the reins over to fortunate buyer to capitalize on a stellar reputation created over many years. Act now to be that lucky buyer.
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Property Features and Assets:
Prosperous contemporary Italian restaurant 2,400 historic square feet, 50 seat charismatic popular patio with potential to enclose, intimate 75 seat flourishing dining room, 30 booming electric lounge w poured concrete bar, innovative cocktails & local craft beer, enthusiasts wines by glass & bottle, wood burning brick oven, new hood ice machine and line, open 7 prosperous days L & D, culinary gem, huge catering following, impressive web-site, long term lease amazing $5,000 gross rent (includes property taxes, insurance, garbage, water, Taxes).
Market Competition and Expansion:
The go to place for all the surrounding communities.
Reason for Selling:
Other business interest.
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
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