Well-established Italian Restaurant & Bar serving delicious traditional, homemade hearty Italian dishes and specialty pizzas. Beautifully appointed interior with a nice clean modern vibe. Complete with fullbar type 47 liquor license. Known for excellent customer service & delicious homemade Italian dishes. If you are SERIOUS about owning a busy Italian Restaurant, that SERVES OVER 60K people a year with an under market lease and great profitability, then this is your place. Completely turn-key business in the middle of revitalized downtown with repeat loyal customer base, in a large corner building consisting of 3350sf inside and 900sf of patio space adjacent to the park. Excellent location on busy main street submerged near all the artsy attractions and a new UC. All equipment and smallwares are included in sale. Name is not included. Sign the NDA today to receive the name and address and more sales information.

General Info

  • OrganizationContact For Info
  • Established2012
  • Current Owner2012
  • Employees27
  • Reason For SaleOther Interests

Facilities

  • Seating98 inside/15 bar/20 outside
  • Square Feet3350sf inside/ 900sf outside
  • ParkingParking lot and street
  • LicensesABC Type 47, Health, Business
  • Open HoursMTW 11am-7:30/ThFS 11am-10pm/Sun 12-7:30

Lease

  • Rent$3250 + CAMS
  • Expiration18-Feb
  • Yearly IncreaseContact For Info
  • OptionNone
  • DepositContact For Info

Financials

  • Monthly Revenue105K
  • Monthly Cash Flow15K
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location