Established Italian Restaurant with Liquor - Premium Downtown Location
Business Description
This is not a startup - this is a cash-flowing restaurant business with demonstrated profitability and established systems ideal for an owner-operator with restaurant industry experience, an operator looking to expand or an entrepreneur looking for a way to enter the field.
Premium Revenue Multiple: At 2.0x SDE, this investment offers exceptional value in today's market where quality restaurant acquisitions typically trade at 2.5-3.5x earnings.
Turnkey Commercial Kitchen: Fully equipped spacious kitchen features wood-fired pizza oven, commercial-grade appliances, and full Ansul fire suppression system. No additional capital investment required.
Step into ownership of a thriving Italian restaurant positioned to deliver immediate cash flow and long-term wealth. This turnkey operation generates revenue through multiple proven streams - dine-in service, including alcohol, catering contracts, and nonprofit partnerships - creating financial stability that reduces your investment risk while maximizing profit potential.
You'll inherit an established customer base spanning the North Shore region, with loyal patrons who drive consistent repeat business and word-of-mouth marketing. The upscale-casual positioning captures both everyday diners and special occasion customers, enabling premium pricing that directly impacts your bottom line.
The brick oven centerpiece and diverse menu - featuring Italian street food, Neapolitan pizza, pasta, and craft cocktails - position you to capitalize on the growing demand for authentic, experiential dining. Your robust Italian wine selection and craft beverage program generate high-margin sales that significantly boost profitability.
Location advantages and a great lease work in your favor: situated in a downtown area near a major entertainment venue, you'll benefit from consistent business and cross-promotional opportunities. The family-operated restaurant you're acquiring means established vendor relationships, trained staff, and proven operational systems that minimize your learning curve and startup challenges.
Catering and private event services provide revenue growth opportunities, allowing you to expand market reach without additional overhead. Multiple nonprofit partnerships create steady, recurring business that stabilizes cash flow during slower periods.
This acquisition delivers both lifestyle benefits - owning a respected community establishment - and financial returns through a business model proven successful in an desirable location with built-in customer loyalty and multiple revenue streams positioned for continued growth.
Premium Revenue Multiple: At 2.0x SDE, this investment offers exceptional value in today's market where quality restaurant acquisitions typically trade at 2.5-3.5x earnings.
Turnkey Commercial Kitchen: Fully equipped spacious kitchen features wood-fired pizza oven, commercial-grade appliances, and full Ansul fire suppression system. No additional capital investment required.
Step into ownership of a thriving Italian restaurant positioned to deliver immediate cash flow and long-term wealth. This turnkey operation generates revenue through multiple proven streams - dine-in service, including alcohol, catering contracts, and nonprofit partnerships - creating financial stability that reduces your investment risk while maximizing profit potential.
You'll inherit an established customer base spanning the North Shore region, with loyal patrons who drive consistent repeat business and word-of-mouth marketing. The upscale-casual positioning captures both everyday diners and special occasion customers, enabling premium pricing that directly impacts your bottom line.
The brick oven centerpiece and diverse menu - featuring Italian street food, Neapolitan pizza, pasta, and craft cocktails - position you to capitalize on the growing demand for authentic, experiential dining. Your robust Italian wine selection and craft beverage program generate high-margin sales that significantly boost profitability.
Location advantages and a great lease work in your favor: situated in a downtown area near a major entertainment venue, you'll benefit from consistent business and cross-promotional opportunities. The family-operated restaurant you're acquiring means established vendor relationships, trained staff, and proven operational systems that minimize your learning curve and startup challenges.
Catering and private event services provide revenue growth opportunities, allowing you to expand market reach without additional overhead. Multiple nonprofit partnerships create steady, recurring business that stabilizes cash flow during slower periods.
This acquisition delivers both lifestyle benefits - owning a respected community establishment - and financial returns through a business model proven successful in an desirable location with built-in customer loyalty and multiple revenue streams positioned for continued growth.
About the Business
- Years in Operation
- 4
- Employees
- 13 (3 Full-time, 10 Part-time)
- Facilities & Assets
- Well-appointed dining area and bar: 68 seats across 2 rooms; full bar with 8 seats. Large commercial kitchen includes walk-in freezer and walk-in refrigerator, 4 prep fridges, 2-door gas convection oven, fryolator, 6-burner stovetop, Turbochef, wood-fired/gas pizza oven, soda fountain, espresso machine, ice machine, multi-tap beer cooler, Ansul hood, 3-bay sink, grease trap, dishwashers, Square POS, stainless tables/shelving, expeditor station. Basement storage with cage. Side room suitable for private events. 5-year lease with two 5-year options.
- Market Outlook / Competition
- The restaurant is in a strong niche market, blending upscale casual dining with authentic Italian craftsmanship. It competes in the premium casual dining segment, with a high-quality menu that is reasonably priced and delivered with exceptional service. Dedicated cadre of regulars and strong local presence due to ability to host on-site events as well as off-site catering and functions. Offers unique creative Italian dishes and the most gluten free options in the area. High customer ratings on review sites.
- Opportunities for Growth
- Strong growth potential! Currently open evenings 5 days a week, there is untapped demand for breakfast, lunch, brunch, and Sunday dinner. A new owner can expand hours, increase marketing, and use email/text campaigns to boost visibility and repeat business. Promotions, loyalty programs, and expanded take-out services add further revenue streams. The restaurant’s outstanding gluten-friendly reputation provides a unique edge.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,300
- Rent
- $4,000.00 per month
- Lease Expiration
- 12/31/2030
About the Sale
- Seller Motivation
- Sellers with very young children want to pursue other business opportunities.
- Transition Support
- Sellers will provide up to 1 month of dedicated training and turnover. Additional support/consultation will be available afterwards as mutually agreed.
- Financing Options
- Limited seller financing available to seller approved buyer
Listing Info
- ID
- 2408436
- Listing Views
- 92
Listing ID: 2408436 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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