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  • RE:  Long-Established, Highly Regarded Restaurant
  • Contact:  Not Disclosed

Quick Facts

Asking Price: $535,000
Annual Revenue: $1,780,327
Net Profit: Not Disclosed
Cash Flow: $47,550
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 990879
Broker Reference #: Not Disclosed

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Business Overview:

A rare opportunity to acquire a well-established, highly respected restaurant with over three decades of continuous success. Known for its elevated European-inspired menu, specialty cocktails, and live entertainment, this destination has become a local favorite, consistently serving both loyal regulars and new guests. The inviting interior features a recently updated bar, refreshed flooring and finishes, and a remodeled restroom. Guests enjoy both indoor and outdoor seating, including a beautifully appointed front patio. The outdoor terrace, updated in recent years, offers additional al fresco dining.

The cozy, workable kitchen is fully equipped with newer appliances, including a recently upgraded walk-in compressor, modern pantry and line refrigeration, a newer oven and freezer, and a contemporary POS system with online ordering capabilities. Security cameras cover the premises inside and out for added safety and operational ease.

Holding a sought-after Type 47 Cabaret Liquor License, the restaurant also offers regular live music performances through a professional entertainment service, enhancing the vibrant atmosphere.

Operationally efficient, the business benefits from a seasoned and stable team, with many employees boasting years — even decades — of tenure. Current hours focus on lunch and dinner service Tuesday through Saturday, with flexibility to expand if desired.

The business enjoys strong vendor relationships with major alcohol distributors and is fully turnkey for a new owner ready to step into a thriving and well-maintained operation.

PARKING: Parking available in lot

EQUIPMENT: The equipment is in excellent condition and has been well maintained.

LEASE TERM: 5 years remaining with one (1) five-year option

BASE RENT: Approx. $8,318 per month

CONCEPT: Italian Restaurant

SIZE: 1,900 SF

SEATS: 94

HOURS: Open 5 days a week (Tues-Sat)

LICENSES: Type 47 Liquor License

SALES: $1,780,327 in 2024

CASH FLOW: $47,550

ASKING PRICE: $535,000 (For the Business)

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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