Long-Established, Highly Regarded Restaurant with Live Entertainment

Asking Price$535,000

Cash Flow
$47,550
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,780,327

InventoryNot Disclosed

FF&ENot Disclosed

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Long-Established, Highly Regarded Restaurant with Live Entertainment


Asking Price$535,000

Cash Flow
$47,550
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,780,327

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
A rare opportunity to acquire a well-established, highly respected restaurant with over three decades of continuous success. Known for its elevated European-inspired menu, specialty cocktails, and live entertainment, this destination has become a local favorite, consistently serving both loyal regulars and new guests. The inviting interior features a recently updated bar, refreshed flooring and finishes, and a remodeled restroom. Guests enjoy both indoor and outdoor seating, including a beautifully appointed front patio. The outdoor terrace, updated in recent years, offers additional al fresco dining.

The cozy, workable kitchen is fully equipped with newer appliances, including a recently upgraded walk-in compressor, modern pantry and line refrigeration, a newer oven and freezer, and a contemporary POS system with online ordering capabilities. Security cameras cover the premises inside and out for added safety and operational ease.

Holding a sought-after Type 47 Cabaret Liquor License, the restaurant also offers regular live music performances through a professional entertainment service, enhancing the vibrant atmosphere.

Operationally efficient, the business benefits from a seasoned and stable team, with many employees boasting years — even decades — of tenure. Current hours focus on lunch and dinner service Tuesday through Saturday, with flexibility to expand if desired.

The business enjoys strong vendor relationships with major alcohol distributors and is fully turnkey for a new owner ready to step into a thriving and well-maintained operation.

PARKING: Parking available in lot
EQUIPMENT: The equipment is in excellent condition and has been well maintained.
LEASE TERM: 5 years remaining with one (1) five-year option
BASE RENT: Approx. $8,318 per month
CONCEPT: Italian Restaurant
SIZE: 1,900 SF
SEATS: 94
HOURS: Open 5 days a week (Tues-Sat)
LICENSES: Type 47 Liquor License
SALES: $1,780,327 in 2024
CASH FLOW: $47,550

ASKING PRICE: $535,000 (For the Business)
About the Business
Real Estate
Owned or Leased
Leased
Listing Info
ID
2364516
Listing Views
594

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Business Listed by: Todd Smith Corbett Restaurant Group

Listing ID: 2364516 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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