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  • RE:  Wilmington/Reading Italian Restaurant
  • Contact:  John Ruggieri
Owner Financing is Available!

Quick Facts

Asking Price: $295,000
Annual Revenue: $1,100,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1940
Employees: Not Disclosed
BBN Listing #: 378419596
Broker Reference #: JR147

Email or Print Listing

Business Overview:

SELLING PRICE:      $295K                               DOWN PAYMENT: $100K


SALES VOLUME:  Averaging $20K/wk. …s/b $1.3M for 2023


LEASE:  new negotiable lease available…graduated for the first few years


SQUARE FOOTAGE: approximately 5,000 sf. – 6,000 sf


HOURS OF OPERATION:  6 days, 11 am to 10 pm; closed Mondays.


SEATING:  150 seats


REASON FOR SELLING: Another owner/chef retiring.


COMMENTS:  Heavy traffic by your door. Across the street from a large shopping center. Great location on a numbered route. Plenty of parking and great visibility. Big, dry basement for storage and prepping. Talented, long-term staff will stay on. New blood, fresh marketing ideas, and entertainment will bring this great place to another level of success.


If you’re a qualified buyer with experience and financial resources, submit our NDA and I’LL TAKE YOU TO DINNER THERE.

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.

Property Features and Assets:

Very well equipped large kitchen area with plenty of prep area storage, as well as lots of dark woods and tufted leather seating, with a great granite topped u-shaped bar that seats 20.

Reason for Selling:


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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