Stunning Italian Restaurant Grossing $3M for Sale

Not Disclosed, CT


Asking Price: Annual Revenue:
$1,250,000 $2,434,003

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Stunning Italian Restaurant Grossing $3M for Sale Broker: Eric Mendelsohn

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $2,434,003
Net Profit: Not Disclosed
Cash Flow: $468,116
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: Not Disclosed
BBN Listing #: 425535879
Broker Reference #: 6842-550917

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Business Overview:

Stunning Italian Restaurant Net Sales $2.4M

Rare opportunity to take over a stunning Italian Restaurant for sale that is doing approximately three million in gross sales. This restaurant is a gem as it has a wonderful atmosphere. It's known for excellent and classic food and fabulous customer service. The restaurant has a full liquor bar and license. There is plenty of seating available inside and outside plus private rooms available for parties along with plenty of parking for its guests. EB2 visa possible. The business also includes residential space that the next owner can live in or lease out for additional income. If you own an existing restaurant, this would make a fabulous addition to your portfolio or this gem of a place would make for a great first entry into the business. The real estate is also available for sale at an additional price. Please note the wine and liquor inventory is excluded from the sales price.

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Reason for Selling:

Relocation

Additional Details:

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

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