Italian Restaurant in Delaware with Strong Cash Flow-Well-Established
Business Description
This turnkey family owned and operated Italian restaurant presents an exceptional opportunity for its next owner. They are located in a high-visibility, high-traffic area of Delaware. Since opening in 2014 the current owners have made significant improvements, including kitchen and equipment upgrades and interior renovations, all of which have contributed to their growing reputation and profitability.
Financial Overview:
Gross Revenue: $800,000
Cash Flow: $150,000
Inventory: $30,000 (estimated & not included in list price)
Menu & Cuisine:
The menu celebrates traditional Italian cuisine, with a modern twist. They use premium ingredients sourced both locally and internationally including handmade pasta and many family inspired house specialties.
Property Information:
• Size: 4,559 sq. ft.
• Dining Capacity: 80 seats in the main dining room, with an additional 14 seats at the full-service bar and outdoor patio dining
• Private Dining: Soundproof private dining room perfect for larger groups of 12 – 14. An excellent source of pre-booked, guaranteed revenue through special event hosting.
• Kitchen: Updated with high-quality equipment (full equipment list available upon execution of NDA)
• Liquor License: The current owners rent a liquor license which can be transferred to the new owners along with the business.
• Parking: Ample customer parking available at the rear of the building
• Access: Convenient front and rear entrances
Location & Demographics:
• Situated in a bustling retail center with neighboring office and retail tenants
• Excellent accessibility to Route 202 and I-95
• Average daily traffic (AADT): 9,981
• Within a 5-mile radius: Population: 168,353 Households: 69,000+
• Wilmington population: 70,898 (2020 Census)
This is a rare opportunity to acquire a professionally managed and well-respected restaurant with a strong foundation and significant growth opportunities for a new owner-operator or an investor seeking a solid hospitality asset in a growing market.
Additional information available upon execution of NDA: CIM, equipment list, financial data.
Financial Overview:
Gross Revenue: $800,000
Cash Flow: $150,000
Inventory: $30,000 (estimated & not included in list price)
Menu & Cuisine:
The menu celebrates traditional Italian cuisine, with a modern twist. They use premium ingredients sourced both locally and internationally including handmade pasta and many family inspired house specialties.
Property Information:
• Size: 4,559 sq. ft.
• Dining Capacity: 80 seats in the main dining room, with an additional 14 seats at the full-service bar and outdoor patio dining
• Private Dining: Soundproof private dining room perfect for larger groups of 12 – 14. An excellent source of pre-booked, guaranteed revenue through special event hosting.
• Kitchen: Updated with high-quality equipment (full equipment list available upon execution of NDA)
• Liquor License: The current owners rent a liquor license which can be transferred to the new owners along with the business.
• Parking: Ample customer parking available at the rear of the building
• Access: Convenient front and rear entrances
Location & Demographics:
• Situated in a bustling retail center with neighboring office and retail tenants
• Excellent accessibility to Route 202 and I-95
• Average daily traffic (AADT): 9,981
• Within a 5-mile radius: Population: 168,353 Households: 69,000+
• Wilmington population: 70,898 (2020 Census)
This is a rare opportunity to acquire a professionally managed and well-respected restaurant with a strong foundation and significant growth opportunities for a new owner-operator or an investor seeking a solid hospitality asset in a growing market.
Additional information available upon execution of NDA: CIM, equipment list, financial data.
About the Business
- Years in Operation
- 11
- Facilities & Assets
- * Size: 4,559 sq. ft.
* Dining Capacity: 80 seats in the main dining room, with an additional 14 seats at the full-service bar and outdoor patio dining
* Kitchen: Updated with high-quality equipment (full equipment list available upon execution of NDA)
* Parking: Ample customer parking available at the rear of the building - Market Outlook / Competition
- The current owners do not use any (paid or free) marketing or advertising. This presents a significant growth opportunity for a new owner to establish brand presence, attract new customers, and re-engage the existing customer base through digital and traditional marketing channels.
- Opportunities for Growth
- * Untapped Delivery Potential: The business currently does not utilize third-party delivery platforms such as Uber Eats, DoorDash, or Grubhub—presenting a clear opportunity to boost top-line revenue with minimal operational changes.
* Catering Services: The restaurant is fully equipped and well-suited to expand into off-site catering
* Extended Hours: The restaurant is currently closed two days per week. By opening additional days or service hours (ex: Sunday brunch) you could attract new audiences and increase revenue
Real Estate
- Owned or Leased
- Leased
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The current owners are willing to provide support and training as necessary to ensure a smooth transition
Listing Info
- ID
- 2389954
- Listing Views
- 347
Listing ID: 2389954 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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