Bottle of Red, Bottle of White..Italian Restaurant

Not Disclosed, OR
Yamhill County

Asking Price: Annual Revenue:
$1,200,000 $1,300,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Bottle of Red, Bottle of White..Italian Restaurant Broker: Stephen Cohen
Owner Financing is Available!
The seller will finance up to 50% of the transaction for a qualified buyer.

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,300,000
Net Profit: Not Disclosed
Cash Flow: $450,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 460735781
Broker Reference #: IR2021

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Business Overview:

This business is an Italian restaurant in a premier vacation destination an easy drive from the Portland metropolitan area. The establishment caters to a diversified customer base consisting of a loyal local following and a robust influx of tourists and visitors. Sustained revenue with profitability growth is attributable to the restaurant’s stellar reputation for quality recipes, excellent customer service, tremendous goodwill in the local community, and a fantastic location with a growing fanbase. The entire menu is made from scratch and represents the comfort food you would find on Grandma’s table in Southern Italy. House specialties include all sauces made daily and fresh pastas. The lasagna and Bolognese meat sauce have a flavor similar to the finest Italian restaurants anywhere in the world.

By fully covering the patio and providing heaters, the business has shown exceptional resiliency through the pandemic, successfully navigating the governor’s phased reopening plans, and is steadily returning to historical profitability indicators. A seasoned staff of 8-12 full and part time employees has been retained and is expected to stay on through the transition including 3 chefs to maintain the quality of all dishes. Ownership is presently contributing 1-2 FTE to the labor of the business.

The business operates out of a 1500 square foot space on a prime street with rent currently priced at under four-thousand a month with the lease running through September 2023. Plentiful dedicated parking is available to customers. A full bar perfectly complements the Southern Italy inspired menu offerings with a curated selection in wine, and scratch cocktails. Significant upside potential for additional revenue exists by expanding bar operations to capitalize on the expressed demand for happy hour service, extended hours of operation, and live entertainment.

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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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