Two decades old well established restaurant for sale by owner
| Asking Price: | $395,000 |
| Gross Revenue: | $1,000,000 |
| Rent: | $6,000/Month |
| Established Year: | 2006 |
| Cash Flow: | $155,000 |
| Inventory: | $15,000 |
| FF&E: | $200,000 |
Absentee Owner in the last four years
Established in 2006, this restaurant has become a staple in its community, steadily growing its reputation for exceptional food and service despite the challenges presented during the pandemic years. Recognized for its signature dishes, pizzas and calzones, it has been named the best Italian restaurant in the county, and it has earned a growing number of regular and repeat customers along the way.
I will be glad to share any information, pictures and financials, once and NDA is signed.
One of the restaurant's defining characteristics is its family-friendly atmosphere, offering a welcoming environment and family dinning experience just off of a major intersection in town.
The owner of this restaurant lives with his family 293 miles away from the store since 2019. Owner has relied on his accountant and staff to run the store. Store grosses close to one million each year, for many years in a row. He may consider seller financing under the right circumstances.
This Italian restaurant is in an excellent location, near the crossroads of two major thoroughfares, in a well-known retail area, with plenty of parking in front. Also, this part of Jefferson County is rapidly growing! Take advantage of the changing demographics and the unceasing stream of potential customers into this booming area of Jefferson County. And the pizza and Italian dishes are excellent!
This Italian Restaurant for has an inviting interior with room for 140 customers. The back of house has a full commercial kitchen with two commercial grade vent hoods, pizza ovens, walk in cooler, 3 reach in freezers, 2 x six burner cooktops and many. The menu at this restaurant is extensive and includes all the dishes that their clientele would expect from an Italian restaurant, such as: Pizza, strombolli, calzones, multiple chicken dishes, multiple veal dishes, fish and seafood as well. Spaghetti and Meatballs, Fettuccine Alfredo, Lasagne, Italian sausage, Cannolis are an all time favorite. Appetizers! Salads! Desserts! And some excellent specials, like the seafood combo. In addition, the prices are very fair for the booming Jefferson County area.
The Restaurant has an active beer and wine license, offering a variety of beers, and a selection of fine wines sold by both the glass and the bottle. You could add hard liquor to the TABC license and garner another revenue stream. Think Happy Hour! And of course there is the full commercial kitchen. No need to do your own build out with all the design plans, architects, permitting and dealing with the city. The work has been done for you and this one is ready to go!
One can keep the business as is, or become an hands on owner and grow it exponentially. The current owner has done no marketing or advertisement in quite a few years, yet customers have show tremendous support for the business. The quality food and service are impeccable.
