Chef-Inspired Italian Triad Favorite - With A Taste of Mama's Kitchen
| Asking Price: | $399,000 |
| Gross Revenue: | $1,000,000 |
| Rent: | $6,682 |
| Cash Flow: | $276,000 |
| Inventory: | $10,000 |
Look ... there are plenty of fixer-uppers on this website. This ain't one of 'em!!
This place is a local treasure. One of those deals that could benefit from maybe a few technology upgrades, and maybe a little more new-school management. Otherwise though - you don't change a thing on this menu!
The regulars will go full Soprano on you!
The only thing you need to do is open another night or two a week (if you want) to see increased revenues and an even healthier bottom line. They currently operate on a limited dinner schedule.
Having been around for over a decade, this place has found it's way into the memory bank of so many special occasions - wedding parties, proposals, birthdays, anniversaries, family gatherings, christenings, and first communions.
And the owners have been rewarded in kind - in addition to a very healthy bottom line. With over $1MM in Annual Revenue and owner benefits of over 250K annually, the owners have been blessed. But they are ready to retire and leave the legacy to the next operator willing to carry this place for another decade of prosperity.
Not located in one of your prime + locations, but inside the bubble of a very secure demographic - and the area is seeing even more positive growth that is expected to continue for another decade. But make no mistake, this place has become the anchor of this shopping plaza.
Here's the basics ...
Asking Price: $399,000
Sales Revenue: $1MM+
Owner Benefits: $276,000
Rent: $6,682/Month
Terms: 3 Years + 5-Year Option Remain
(additional term TBD)
Size: 4,000SF+/-
For more information, contact Theresa Faulkner @ National Restaurant Properties to schedule a confidential review. TFaulkner@BreadNButterInc.com
