For sale is a casual Italian restaurant, bar, and pizzeria.
Freestanding 4,620/SF with ample parking.
Seating for over 220 plus a 15-seat bar.
High traffic, high density, middle to a high-income area with great visibility.
A very large kitchen pumps out any volume. Fully equipped turnkey with a kitchen that has three walk-in boxes, double deck pizza oven and every piece of equipment needed to cook any cuisine.
5-terminal POS system controls all costs and sales.
This restaurant has operated under the same strong local brand for the past 15 years. Prior peak sales reached $1,650,000.
Several years of almost audited numbers including 2019
Immaculate books are clean and solid and available upon request.
Recent Leasehold Improvements:
4-ton HVAC Unit $10,423
100-ton Boiler $11,474
Exterior Sign $ 4,450
Grease Trap $23,935
Rooftop HVAC Unit $ 6,100
Plumbing Restoration 2016 $2166
Original Owner retired and sold to a Regional Restaurant Group who is selling to focus on different brands.
The full staff makes for an easy transition.
A strong team in place will help with a flawless transition.
All staff will stay except the General Manager but will stay during the transition to train new Owner or replacement GM.
Term is left on lease with Option to Renew.
Rent is $10,472/month including the rent of $9,250 and insurance of $245.
Real Estate Taxes are $977/month.
Real Estate Insurance is $245 per month.
Keep Italian with all recipes, trademarks, name and all F.F. & E are included in the sale.
Hands-Owner Operator could dramatically increase business as the market has only exploded.
Keep as is or convert to any concept.
Priced at $195,000 with some Owner financing.
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