Charming Authentic Italian Restaurant – Price Reduced!
| Asking Price: | $149,000 | Inventory: | |
| Gross Revenue: | $231,000 | Real Estate: | n/a |
| Cash Flow: | $73,000 | FF&E: | $36,449 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Business Summary
Established in 2006, this charming, family-owned restaurant serves authentic Italian cuisine that is unrivaled in Benton County! There are no other independent establishments offering a true Italian dining experience. This restaurant offers all the delights of a family owned eatery, from the waiters dressed in black and white with long bistro aprons, to the smell of tantalizing foods emanating from the cozy kitchen.
Founded by émigré brothers who have owned several successful Italian eateries in New York City and Philadelphia, this restaurant has received local critical acclaim for the authenticity of its Italian fare. The menu offers a range of pasta, chicken, veal and seafood entrees. This establishment also has a full liquor license. Frequented by big-city transplants and locals seeking “the real thing” – like delicate cannoli and grilled calamari – this restaurant is located within easy driving distance of Wal-Mart corporate headquarters and attracts regular patrons from surrounding residential neighborhoods.
Independent eateries of this kind are hard to find in Northwest Arkansas, whose recent economic boom has attracted the likes of P.F. Chang’s and Ruth’s Chris Steakhouse. This restaurant is steeped in old world Italian tradition, and has become a popular choice for catering corporate events of up to 55 people. Its proximity to Walmart’s global headquarters has attracted a loyal following of business travelers who come for the homemade cuisine and warm, friendly atmosphere that makes everyone feel like family.
Established in 2006, this charming, family-owned restaurant serves authentic Italian cuisine that is unrivaled in Benton County! There are no other independent establishments offering a true Italian dining experience. This restaurant offers all the delights of a family owned eatery, from the waiters dressed in black and white with long bistro aprons, to the smell of tantalizing foods emanating from the cozy kitchen.
Founded by émigré brothers who have owned several successful Italian eateries in New York City and Philadelphia, this restaurant has received local critical acclaim for the authenticity of its Italian fare. The menu offers a range of pasta, chicken, veal and seafood entrees. This establishment also has a full liquor license. Frequented by big-city transplants and locals seeking “the real thing” – like delicate cannoli and grilled calamari – this restaurant is located within easy driving distance of Wal-Mart corporate headquarters and attracts regular patrons from surrounding residential neighborhoods.
Independent eateries of this kind are hard to find in Northwest Arkansas, whose recent economic boom has attracted the likes of P.F. Chang’s and Ruth’s Chris Steakhouse. This restaurant is steeped in old world Italian tradition, and has become a popular choice for catering corporate events of up to 55 people. Its proximity to Walmart’s global headquarters has attracted a loyal following of business travelers who come for the homemade cuisine and warm, friendly atmosphere that makes everyone feel like family.
About the Business
Year Established:2006
Employees:2 full time - 2 part time
Facilities:This business is located in an outdoor strip mall off one of the main arterials through Bentonville, with easy ingress and egress, and ample parking in front. The restaurant is situated in1,600 square feet of space, with seating for approximately 55 patrons, with a full commercial kitchen, small waiting area, and restroom facilities.
Market Outlook and Competition:Competition: There are no similar independent, family owned Italian restaurants in Benton county. Growth/Expansion: If you’ve never heard of Northwest Arkansas, we have one word for you – Walmart! In fact, several Fortune 500 companies call NWA home, including Tyson Foods, J.B. Hunt Transport, and the largest retailer in the world. Walmart was recently named the most valuable retail brand in the U.S., and is largely responsible for Northwest Arkansas being thrust into the national spotlight with rankings like “Most Livable City,” “Fastest-Growing & Best Performing Economy,” and one of the “Top 25 Recession Resistant” parts of the country. Northwest Arkansas is ideally situated in the geographic center of North America and surrounded by the natural beauty of the Ozark Mountains. With the University of Arkansas in Fayetteville, a new minor league baseball team in Springdale, and a world-class art museum opening in Bentonville, Northwest Arkansas offers an enviable lifestyle in a business climate that is filled with both economic opportunity and stability.
About the Sale
Management Training and Support:Seller will provide two weeks of training at no cost.
Reason For Selling:Moving out of state
Attached Files - Attachment Disclaimer
 | Seller Profile - Seller Profile - #1189 | ||
| Confidentiality Agreement - Confidentiality Agreement - #1189 | ||
| Buyer Interview - Buyer Interview - #1189 |
KEYWORDS: Italian restaurant, family owned, Bentonville, Walmart
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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