Seller's Contact Information

  • RE:  Premiere Italian Rest Buy
  • Contact:  Shawn C Reilly
Owner Financing is Available!

Quick Facts

Asking Price: $289,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: 300,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: Not Disclosed
BBN Listing #: 385833937
Broker Reference #: LITCHFIELD I

Email or Print Listing

Business Overview:

You have to check out this extraordinary high grossing profitable Italian restaurant opportunity in the fastest growing area in Litchfield County. They have been there for close to two decades with a large loyal customer base, this is no flash in the pan for sure with a bright future and upside potential. The exquisite food and warm inviting ambiance with a fireplace and retractable roof over the deck for starlight dining and the full bar have made this the go-to place for years on end. Act now to take advantage of this priced to sell must see opportunity.

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Property Features and Assets:

2,100 thriving square feet with ample additional storage area, judicious $4,200 gross rent (includes property tax & insurance, snow, CAM) plus utilities, 75 money making seats, popular full service bar, est.19 iconic years, warm inviting fireplace, unique retractable roof over deck, open 11-9 Monday – Saturday, walk-in freezer & refrigeration, new refrigeration & cooking equipment in great shape, Litchfield County fastest growing area.

Market Competition and Expansion:

Competition/Market Pros: Area exploding with economic growth Growth/Expansion: Given proximity to schools, more emphasis on pizza and delivery along with opening on Sunday will put it over the top.

Reason for Selling:

Family.

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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