Successful Busy Banquet Facility & Italian Restaurant.
Business Description
In business for over 20 years.
Excellent reputation
Very busy restaurant & bar.
Beautifully decorated restaurant and bar area with 2 full kitchens built to handle high volume.
140 Seat restaurant.
Banquet facility can handle from 50 to 250 guests.
A fantastic opportunity for an experienced operator.
Sign & send the attached NDA for more information.
Excellent reputation
Very busy restaurant & bar.
Beautifully decorated restaurant and bar area with 2 full kitchens built to handle high volume.
140 Seat restaurant.
Banquet facility can handle from 50 to 250 guests.
A fantastic opportunity for an experienced operator.
Sign & send the attached NDA for more information.
About the Business
- Years in Operation
- 25
- Employees
- 15
- Facilities & Assets
- Restaurant and bar with 140 seats. Banquet hall can accommodate 50 to 250 guests. 2 Rooms plus outside patio.
Long term lease at $26,000/Month with 3% increases.
2 Fully equipped kitchens.
Over 150 parking spaces. - Market Outlook / Competition
- Located in a fast growing area with major office complexes, sporting and entertainment facilities.
Over 100 banquets this year so far, and growing to pre-pandemic level of 200 annual events.
Large repeat and referral client base. - Opportunities for Growth
- Started off-premise catering with average order size in the $500 to $2,000 range.
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- owner will transition
- Financing Options
- Limited Seller Financing to qualified buyer.
Listing Info
- ID
- 2007190
- Listing Views
- 3547
Attached DocumentsAttachment Disclaimer
Listing ID: 2007190 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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