Elegant Italian Restaurant And Bed And Breakfast

Business Overview:

To be rated the Best Italian Restaurant in Mississippi says it all about this elegant restaurant that has been in business only six years. The growth of this business has been substantial since it's origin with sales beginning at zero and now over $1.6 million and approaching $2.0 million. This profitable restaurant is well equipped including a Wood Fired Pizza Oven as well as a separate walk-in cooler and freezer. The restaurant is elegantly designed with 'Old Italy', in mind and includes a beautiful bar area that serves liquor, beer and a wide assortment of wines. The building also has three Bed and Breakfast rooms that are beautifully decorated and are in demand due to the large tourist trade in the town. The owner is originally from Southern Italy and everything is freshly prepared and reasonably priced with high 4-5 star ratings on all social media sites makes this restaurant a favorite destination for locals and tourists.

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Property Features and Assets:

The restaurant is located on the main street of the downtown area of the city in a restored historical building that offers an immensely attractive facade. There is 100 feet of street frontage, and parking in the rear of the building to accommodate up to 100 vehicles. There is a private meeting room located within the restaurant, along with a outstanding water fountain display in the middle of the restaurant. The building also has three Bed and Breakfast rooms located on the top floor with a separate entrance from the restaurant and these rooms are very elegant and located in the center of town for tourists.

Market Competition and Expansion:

There are the usual national pizza chains and food trucks located in the area but no full service Italian restaurants within 25 miles. The Wood Fired Pizza Oven gives this restaurant a distinct advantage over the national chains and food trucks in the area. The city the business is located has experienced a tremendous increase in tourist to the area over the past three years with no slowdown in projected. The city has three colleges and a total population around 80,000. The restaurant is currently closed on Sundays.

Reason for Selling:

Retiring

Additional Details:

Documents:

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