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  • RE:  Once-in-a-Lifetime Opportunity
  • Contact:  Shawn Charles
Owner Financing is Available!
Seller will hold $1,000,000

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: $2,500,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: Not Disclosed
BBN Listing #: 989134
Broker Reference #: NEW LONDON COUNTY

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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!

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Property Features and Assets:

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.

Market Competition and Expansion:

The presence of major new commercial development in the vicinity will undoubtedly significantly increase pedestrian traffic and boost business.

Reason for Selling:

Other business interest

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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