Decades Old Italian Restaurant

Price: $160,000

Location: Wake County, NC

Industry: Restaurant and Food

Listing ID: 16958305-BY

Listing Status: Popular

Description

This Italian restaurant has been a cornerstone of the community for many years, bringing generations of families together through the magic of Italian cuisine. This charming and cozy setting exudes the warmth of nostalgia, making it a perfect place for celebrations and cherished moments.

Over the decades, they have cultivated a loyal customer base who return for their exquisite dishes, impeccable service, and the comforting ambiance that transports them to the heart of Italy. By taking over this restaurant, you inherit a community that already loves it. With the loyal customer base, prime location, and timeless appeal, there's incredible potential for growth and expansion. Consider catering, delivery services, themed nights, and book more private events to maximize your returns.

The restaurant enjoys a prime location with high foot traffic and visibility. Whether you're looking to maintain its current success or infuse new life into it, this location is perfect for both

Seize this unique chance to be the steward of a decades-old Italian restaurant that has stood the test of time. Contact us today to explore how you can become the proud owner of this amazing business and carry its legacy forward while making it your own. SELLER FINANCING AVAILABLE

LISTING DETAILS

Down Payment: N/A

Total Sales: N/A

Cash Flow: $80,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

FFE Included: Yes

Inventory: N/A

Inventory Included: Yes

Operation

Year Established: 1984

Year of last Acquisition: 2021

Non-Owner Payroll: N/A

Employees: 32

Absentee Owner: No

Security on Lease: Yes

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: N/A

Type of Location: Retail Location

Square Footage: 8000

Franchise: No

Summary

Facilities Information:

Located in a high visibility strip center with 8000 sq ft of space. Fully equipped kitchen featuring everything needed to run a well organized restaurant business.

Reason For Sale:

Other business interests

Training & Support:

Eight Weeks

Competition:

There are other Italian themed restaurants in the market but few have had the long history of business like this location.

Potential Growth:

Adding catering, delivery, themed nights, more events, and open more days and expand hours of operation.

LISTING OWNER