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  • RE:  Price Reduced! Profitable Italian Restaurant For Sale- Beautiful Bar
  • Contact:  Tamara Hamilton

Quick Facts

Asking Price: $299,000
Annual Revenue: $520,605
Net Profit: Not Disclosed
Cash Flow: $136,877
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 9
BBN Listing #: 983731
Broker Reference #: 16514

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Business Overview:

Price reduced to JUST $299,000 for this successful local Italian Restaurant for Sale with a Beautiful Bar is turn-key and has a proven success record for the past 10 years. This 3800 square foot space offers guests plenty of parking, and excellent visibility from the main road. There is no need to worry about creating an inviting, warm space for your patrons, this owner has already done the hard work for you!
The fully equipped kitchen in this Italian Restaurant for Sale with Bar!! offers everything you need to prepare a memorable meal for your guests from start to finish. With everything from a fryer, flat top, stove, ovens, and grill there is no limit to your culinary creations! The dining space is tastefully decorated with a large, traditional bar as the focal point. The separate lounge is stylishly decorated in a speak easy theme boasting dark colors and low light making it the perfect place for an intimate drink with a partner or a fun evening out with friends. The lounge also makes the perfect place for private events and live music in the area.
The restaurant and Bar for Sale by We Sell Restaurants is currently only open for dinner Tuesday-Saturday leaving a huge opportunity for the new owner to quickly increase revenue by adding additional operating hours. The owner is sad to leave this local gem, but he is relocating North to be with family. He will be happy to stay and offer training to the new buyer to ensure a smooth transition.
This Italian Restaurant for Sale is eligible for traditional and SBA financing with twenty percent down, and your Broker with We Sell Restaurant has plenty of financing resources to assist you in the journey of restaurant ownership.
We Sell Restaurants will be working directly with the landlord to secure a long-term lease for you for both the restaurant and the lounge. Currently the rent including NNN and water is just over $6000
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Property Features and Assets:

Patio tables and chairs
Barstools
Bar tables and chairs
Toast POS with cash drawers
Two flat screen tvs
Booths
Tables
Chairs
Lobby seating
Wine racks
Host stand
Bunn coffee machine
Milk frother/steamer
Two microwaves
Condiment caddy
Utensil caddy
Wire shelving
Waste receptacles
Server trays
Bar Mats
Assorted barware
Assorted utensils
Assorted bakeware
Assorted cookware
Assorted knives
Assorted dishware
Deep fryer
Flat top
Six burner stove with oven
Vent hood
Grill
4 burner stove
Double stack Blodgett gas ovens
Toast kitchen display and printer
Stainless tables Large sandwich prep cooler
Small sandwich prep cooler
Tabletop steamer
Ticket rails
Wall mount shelving
Walk in cooler
Three compartment sink
Dish racks
Utility cart
Dish drying table
Multi rack shelving
Two 2 door glass front reach in coolers
Bus tubs

Market Competition and Expansion:

This restaurant continues to buck the trends. While others may be struggling, this local favorite continues with a strong customer base.

Reason for Selling:

Relocation

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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