Italian Restaurant for Sale with Beautiful Bar and Lounge!
Asking Price: | $459,000 |
Gross Revenue: | $520,605 |
Established Year: | 2015 |
Cash Flow: | $136,877 |
Rent: | $6,250/Month |
At just $459,000 this successful local Italian Restaurant and Bar for sale is turn-key and has a proven success record for the past 10 years. This 3800 square foot space offers guests plenty of parking, and excellent visibility from the main road. There is no need to worry about creating an inviting, warm space for your patrons, this owner has already done the hard work for you!
The fully equipped kitchen in this Restaurant and Bar for Sale offers everything you need to prepare a memorable meal for your guests from start to finish. With everything from a fryer, flat top, stove, ovens, and grill there is no limit to your culinary creations! The dining space is tastefully decorated with a large, traditional bar as the focal point. The separate lounge is stylishly decorated in a speak easy theme boasting dark colors and low light making it the perfect place for an intimate drink with a partner or a fun evening out with friends. The lounge also makes the perfect place for private events and live music in the area.
The restaurant and Bar for Sale by We Sell Restaurants is currently only open for dinner Tuesday-Saturday leaving a huge opportunity for the new owner to quickly increase revenue by adding additional operating hours. The owner is sad to leave this local gem, but he is relocating North to be with family. He will be happy to stay and offer training to the new buyer to ensure a smooth transition.
This Italian Restaurant for Sale is eligible for traditional and SBA financing with twenty percent down, and your Broker with We Sell Restaurant has plenty of financing resources to assist you in the journey of restaurant ownership.
We Sell Restaurants will be working directly with the landlord to secure a long-term lease for you for both the restaurant and the lounge. Currently the rent including NNN and water is just over $6000
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