Description

Prime location Italian restaurant with Authentic NY Style Italian cuisine made of fresh ingredients is available for acquisition. This business was established and acquired by the current owner of the business in late 2015. All of the authentic Italian cuisine is made from fresh ingredients from a well-known nationwide supplier for Italian restaurants that attracts many customers to this business instead of the other available restaurants nearby. Most customers are middle-class Caucasian families from the nearby neighborhoods and majority of the customer base are return customers. Sales on average are $32,000 - $34,000/month which has been consistent throughout the change of operation hours from 7 to 6 days a week. Marketing is done through Yelp and a third-party delivery service, but no true marketing is done with the exception of these social media parties. Growth of this business can be further increased through other outlets of marketing such as Valpak, daily/weekly deals, door hangers, alcoholic license, and/or the introduction of BYOB services. Population of the city has been growing along with new construction of homes is a huge opportunity for this business to increase in sales through increased traffic of the general area. Services/products provided at this Italian restaurant are catering services, delivery, subs, calzones, pizza, kids menu, and various pasta dishes. Acquisition of this business can be very beneficial for the new owner as this business has yet to reach the peak of the growth of sales.

Furniture, Fixtures & Equipment: $60,000 (Included in listed price)
Inventory: $2,000 (Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.
Year Established: 2015
Employees: 3FT/2PT

Facilities: Located in a 3,150 SF prime spot between busy intersections anchored by a nationwide grocery chain. All equipment is in impeccable condition and in working order.Support/Training: Owner will provide training during a 4 week period for a smooth transition into the business.
Reason Selling: Health Concerns.
Competition: Few competitors are within the immediate market area, but no competitor has the advantage of the use of fresh ingredients to create authentic Italian cuisine from the best food supplier for Italian restaurants.
Growth And Expansion: No true marketing is done at the current time except through advertisement from yelp.

Posted Oct 3, 2016

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