Once-in-a-Lifetime Opportunity

Asking Price$3,000,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,000,000

InventoryNot Disclosed

FF&E$2,500,000
Included in asking price
Real EstateNot Disclosed

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Once-in-a-Lifetime Opportunity


Asking Price$3,000,000

Cash Flow
$500,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$3,000,000

InventoryNot Disclosed

FF&E$2,500,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
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!
About the Business
Years in Operation
25
Facilities & 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 Outlook / Competition
The presence of major new commercial development in the vicinity will undoubtedly significantly increase pedestrian traffic and boost business.
About the Sale
Seller Motivation
Other Business interest
Transition Support
If needed
Financing Options
Seller will hold. note for $1 million.
Listing Info
ID
2352338
Listing Views
1403

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Business Listed by: Shawn Reilly Restaurant Marketing Services LLC

Listing ID: 2352338 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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