Popular Restaurant located in a busy neighborhood commercial center with a mix of locally owned businesses and national chains. The restaurant currently operating as an Italian Restaurant; Buyer could operate with the existing brand and cuisine or execute a new concept. The premises features a dining room with a wine bar and an outside patio. Because the center has other restaurants, some concept exclusions may apply.
Additional details:
• The restaurant is 1560 square feet (approx.) with inside seating for 65 (approx.) and outside seating for 24 (approx.)
• Current rent is $3,504.01 (approx.) + $1485.20 NNN (approx.). Current term expires February 2028. Qualified Buyer to negotiate more lease term with the Landlord
• Restaurant equipment includes a 6’-0” (approx.) Type-1 exhaust hood; Double basket deep fryer; 6 burner stove with oven; Vulcan 6-burner stove with oven; 17’ X 7’ Walk-in refrigerator with metro shelving, bus cart and speed rack; True refrigerated prep station; ice machine; single door reach-in refrigerator; 3-compartment sink; hand sink; mop sink and much more
• The restaurant currently operates 6 days a week: Monday 3:00pm-8:30pm; Tuesday 4:00pm-8:30pm; Wednesday & Thursday 3:00pm-8:30pm; Friday and Saturday 3:00 pm- 9:00pm. Closed Sunday.
• Two Owners work fulltime with 11 full-time employees and 2 part-time employees.
• Inventory is valued at $7,500 (approx.) and is not included in the purchase price.
• Premise is licensed with a Type-41 Beer & Wine license
Price includes: Furniture, fixtures and equipment, leasehold interest, leasehold improvements, goodwill. brand, DBA, menu, recipes and concept. Some personal items may be excluded from the sale.
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers regarding this information
