Longstanding Highly-Rated Italian Restaurant Northwest Suburb-27 Yrs!

Asking Price: $150,000

listing imageSave

Longstanding Highly-Rated Italian Restaurant Northwest Suburb-27 Yrs!


Asking Price: $150,000

Asset Sale Description
Serving delicious authentic, made-to-order southern Italian cuisine. Including tasty appetizers such as fried calamari, baked clams and antipasto, crisp salads, hearty soups, handmade pasta such as cannelloni, cavatelli, gnocchi and manicotti, as well as fresh seafood, steak, veal and chicken dishes, plus much more. As well as gluten-free and vegetarian options. In addition to mouthwatering classic Italian desserts.

Full-service restaurant with a full-service bar. Dine-in, carryout and 3rd party delivery, plus catering. Open for dinner 6 nights a week. Online ordering also available. Reservations accepted. White tablecloth service.

Features a casual elegant interior with a warm and cozy atmosphere. Ample seating - 80 in the main dining room and another 69 in a private room, great for additional seating or private parties. Full bar area in the middle with access to both dining rooms. As well as a 2nd smaller bar in the private dining room. And a large patio that can accommodate up to 200 people!

Plus, a fully equipped commercial kitchen with 20ft hood, 10-burner stove w/2 ovens, two 6-burner stoves w/2 ovens, deep fryer, 4-well steam table, several refrigerated sandwich units and so much more. In addition to a full basement with a prep area, a double-decker Blodgett pizza oven, walk-in cooler and freezer, plus storage.

Well established for over 27 years. Independent - no royalty, advertising or transfer fees. Asset sale - all furniture, fixtures and equipment (FF&E) included. No financials. Owner operated and long-term staff in place. 2024 gross sales over $897,000!

Prime retail space in a freestanding building with a large patio that can accommodate up to 200 people. Plus, ample parking for 42 vehicles.

Perfectly situated at the major intersection of two busy thoroughfares with high traffic counts. Boasts great signage, high visibility, excellent exposure and easy access.

Ideally situated in the heart of the thriving dining corridor of a highly-desirable well-established northwest suburb. Also surrounded by a vast commercial area and dense residential area!

Competition/Market: A wonderful old world Italian restaurant. Everything is made fresh, in- house, from scratch and with the finest ingredients. Phenomenal authentic Italian dishes not found anywhere else. Fantastic bread, soups, pasta and sauces. Exceptional desserts. Known for their amazing food, attentive service and outstanding catering.

One of the best Italian restaurants in the area. Rated 4.7 Google, 4.6 Facebook, 4.5 Yelp, 4.5 TripAdvisor, 4.2 Yelp and more. Featured on Chicago Best and “Check, Please”. Lots of accolades and tv appearances.

Growth & Expansion: Longtime local favorite. Area gem. Staple in the community. A part of the neighborhood. Loyal customers. Tons of regulars for generations.

Perfect for a family dinner or date night or any special occasion. Plus, their private dining room is perfect for a shower, rehearsal dinner, baptism, anniversary, memorial, funeral and more. Also, the perfect place to get your catering for all those events and more!

Highly rated and recommended, outstanding reputation to continue to build upon! Also, can easily expand the business by opening for lunch too!

Feel free to stop by the location as a customer 1st. This is a HIGHLY confidential listing, DO NOT talk to any owners, employees or patrons. If interested, complete the short Contact Form or call the EatZ Broker on the right for more information. Showings by appointment only outside of business hours.

Listed by Ted Aretos at EatZ & Associates
Detailed Information
Years in Operation
27
Facilities & Assets
Year Established: 1998 (Current owner 2022).

Leased space $10,764/mth gross. Landlord will provide a new 5-year lease with options.

Square Feet: 3,574 (+ 2,500 SqFt Basement).

Seating: 148 Inside + 42 Patio.

Days/Hrs of Operation: Tu-Su 4p-8:30p (Closed Mondays).

Owners Role: Owner operated (active day-to-day) + 10 dedicated experienced employees.

# Of Employees: 10 (2 Hostesses + 3 Waitresses + 3 Cooks + 2 Bus Boys).

Value of FF&E: Included In Asking Price (Valued at $150,000).

Value of Inventory: $15,000 (Not Included In Asking Price).
About the Sale
Transition Support
Negotiable on-site comprehensive training.
Seller Motivation
Personal health.
Financing
No.
Listing Info
ID
2416803
Listing Views
105

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Ted Aretos EatZ & Associates

Listing ID: 2416803 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. See our full Terms of Use. Learn how to avoid scams.


Similar Listings
Teriyaki Madness
$200,000Teriyaki MadnessFeatured Franchise
Vitality Bowls
$75,000Vitality BowlsFeatured Franchise
Lean Kitchen Company
$75,000Lean Kitchen CompanyFeatured Franchise
Le Macaron
$100,000Le MacaronFeatured Franchise
Teriyaki Madness
$200,000Teriyaki MadnessFeatured Franchise
Vitality Bowls
$75,000Vitality BowlsFeatured Franchise
Lean Kitchen Company
$75,000Lean Kitchen CompanyFeatured Franchise