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  • RE:  Award Winning Italian Restaurant
  • Contact:  Not Disclosed

Quick Facts

Asking Price: $695,000
Annual Revenue: $2,239,910
Net Profit: $71,678
Cash Flow: $199,319
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 36
BBN Listing #: 944192
Broker Reference #: L-2447

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Business Overview:

If you're looking for a business opportunity to own, expand, and enjoy, this well-established restaurant and bar business is perfect for you. Don't miss out on this exceptional venture!

This beloved restaurant is renowned for its authentic, made-from-scratch Italian food. Along with an eclectic selection of Italian specialties, this restaurant also offers a unique, vast assortment of wines, spirits, and beers. It has been awarded Best Casual Dining, Best Family Dining, and Best Happy Hour.

This restaurant is located in a great area with thriving surrounding neighborhoods and diverse array of businesses and area activities nearby. This restaurant creates a warm and inviting atmosphere for patrons and prides itself on great service, quality food, and reasonable prices. In addition to a full staff of excellent employees, this restaurant has an experienced, full-time manager in place that runs all the day to do operations. Absentee Owner!

Business Financials Notes:
Cash Flow (SDE) is based on 3-year weighted average earnings.
Gross Revenue and EBITDA are based on 2023 Profit & Loss figures.

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

Property Features and Assets:

The facility comes with beautiful, ornate furniture and fixtures. All equipment and supplies are state of the art and top quality. Furniture, fixtures, equipment used in business activities are included in the offering. A detailed list of FF&E and vehicles is in process and will be provided upon request. NOTE: The estimated value of the FF&E has been provided by the Sellers CPA and is based on the current “book value” at $25,000.00.

Market Competition and Expansion:

After the pandemic, the restaurant industry faced profound changes which lead to a shift to takeout and delivery, and the acceleration of technology adoption. This restaurant has been able to stay ahead of the labor shortages and supply chain disruptions by embracing strong relationships with both employees and the community. The restaurant maintains a robust and loyal customer base, which allows it to stand out from its competition.

Reason for Selling:


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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