NOT DISCLOSED, Connecticut
| Asking Price |
$3,000,000 |
Year Established |
2000 |
|
| Annual Revenue |
$3,000,000 |
Reason for Selling |
Other business interest |
|
| Annual P/L |
$0 |
Attention |
Shawn Charles |
|
| Annual Cash Flow |
$500,000 |
Listing Number |
989134 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Are you ready for the opportunity of a lifetime? This is your opportunity to own an extraordinary, highly successful Italian restaurant with a stellar reputation and a thriving business. Spanning an impressive 5,000 square feet, this iconic establishment features 135 profit-generating dining seats, 60 magnetic patio seats, and 45 versatile private party or overflow seats. Step into its enticing and charismatic dining room, unwind in the magnetic lounge with a full bar, and experience the state-of-the-art, fully refurbished kitchen. A dream for any culinary enthusiast is a production facility designed for food excellence, featuring a phenomenal wood- and gas-fired pizza oven that is both efficient and easy to use. It cost $3.5 million just 15 years ago to build the restaurant, making this even more inviting at this price. The perks don’t stop there: generous seller financing terms, a brand-new $ 150,000 septic system, and this gem also boasts an enviable full basement with ample storage, refrigeration, and prep space. Open for dinner seven days a week and lunch three days a week, the business is bursting with potential. Additionally, a spacious apartment is available above the restaurant, offering an additional income opportunity of $2,500 to $3,000 per month. As a cherished cornerstone of the community, restaurants of this caliber rarely become available, especially with an incredible gross rent of only $2,500 per month. That’s right $2.500, which I'm sure you have never seen before or will see again. The combination of its idyllic location, celebrated reputation, and high-grossing success makes this an absolute steal. Don’t let this golden opportunity slip away; it’s time to make your mark and own this five-star stunning restaurant today! Call now before it’s gone!
Property Features and Assets:
<p>You will never see this again - 5,000 high-grossing, pristine square feet in an incredible location for only $2,500 gross rent. The impressive wine inventory is not included in the price. A generator ensures no loss of revenue in the event of a power outage.<br><br></p>
Market Competition and Expansion:
<p>The presence of major new commercial development in the vicinity will undoubtedly significantly increase pedestrian traffic and boost business.<br></p>
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