Wilmington/Reading Italian Restaurant

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:

Retiring

Additional Details:

Documents:

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