Beautiful Italian Restaurant With Large Wine Inventory Included
Business Description
HS Listing ID-72824
Established 12 years
Seats 79 people inside plus 36 people outdoor seating
Party room fits 26 people comfortably
Private wine cellar for special occasions fits roughly 14 people comfortably
Full liquor license
Open 7 days a week, Monday-Friday 5:00pm-11:30pm. Saturday/Sunday 10:30am-11pm
Very minimal delivery not really on the delivery platforms which can be a big value add
Financial growth: 2024 1.7 million net sales. 2025 2.3 million net sales. 2026 2.5 million net sales.
Centerpiece of the deal is the wine inventory which is discounted and included in the 3.6 million asking price. 5,000 bottles wholesaling at 1.2 million. Restaurant list price is 2.5 million. Full retail price is 4 million. Being priced in deal at 1.1 million. The wine is featured in cataloged lists accounting for about 30 events a month. Business price without wine is 2.6 million. Business price with wine 3.6 million.
Huge value is owner is willing to stay on and train for a transitional period 3-24 months terms to be discussed.
Rent: 14,900 per month -5 + 5, 6.5 years remain
Water 300/ month
Taxes & Utilities included in rent price
Staffing: chef, 5 kitchen staff, GM aka owner, 11 servers.
SBA pre qualification. Seller finance available.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Established 12 years
Seats 79 people inside plus 36 people outdoor seating
Party room fits 26 people comfortably
Private wine cellar for special occasions fits roughly 14 people comfortably
Full liquor license
Open 7 days a week, Monday-Friday 5:00pm-11:30pm. Saturday/Sunday 10:30am-11pm
Very minimal delivery not really on the delivery platforms which can be a big value add
Financial growth: 2024 1.7 million net sales. 2025 2.3 million net sales. 2026 2.5 million net sales.
Centerpiece of the deal is the wine inventory which is discounted and included in the 3.6 million asking price. 5,000 bottles wholesaling at 1.2 million. Restaurant list price is 2.5 million. Full retail price is 4 million. Being priced in deal at 1.1 million. The wine is featured in cataloged lists accounting for about 30 events a month. Business price without wine is 2.6 million. Business price with wine 3.6 million.
Huge value is owner is willing to stay on and train for a transitional period 3-24 months terms to be discussed.
Rent: 14,900 per month -5 + 5, 6.5 years remain
Water 300/ month
Taxes & Utilities included in rent price
Staffing: chef, 5 kitchen staff, GM aka owner, 11 servers.
SBA pre qualification. Seller finance available.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $14,900 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Owner is willing to stay on and train for a transitional period 3-24 months terms to be discussed.
- Financing Options
- SBA pre qualification. Seller finance available.
Listing Info
- ID
- 2545725
- Listing Views
Listing ID: 2545725 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.
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