Family Owned Italian Restaurant for Sale

Not Disclosed, MD
Baltimore City County


Asking Price: Annual Revenue:
$350,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Family Owned Italian Restaurant for Sale Broker: Yuri Kovalenko

Quick Facts

Asking Price: $350,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 634951174
Broker Reference #: 76551-470694

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Business Overview:

This family owned Italian restaurant is located in an ethnic and culturally iconic spot in Baltimore. Perfectly positioned at the tip of Harbor East and slightly West of Fells Point, this area is on the must visit list for 1000's of people annually, not just for the festivals, outside movies, or to play bocce.
With current increases in property and business there are rarely any businesses in this location looking to sell making this a rare and unique opportunity.
This family owned restaurant is one of the catalyst for the success of this neighborhood over the past 30 years. This is a classic example of a tradition passed down accompanied by a generational loyal customer base and excellent reputation amongst locals and celebrities who are acknowledged on the walls as you enter, all with personally signed autographs. With seating accommodations for almost 80 people, the setting is still very intimate and the longevity of the business is a testament to the quality of the food as it is also a favorite for special occasions, like anniversaries, private party's, etc. with 2 Banquet halls that entertain up to 75 people. This is a very rare opportunity in one of the most highly sought after, safest communities in downtown Baltimore. Truly a 30 year old tradition with an easy turnkey entrance into one of the most established, family owned restaurants in Maryland.

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Reason for Selling:

Retiring

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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