TURNKEY ITALIAN RESTAURANT

***CONFIDENTIALITY IS OF THE UTMOST IMPORTANCE TO THE SELLER. ALTHOUGH YOU MAY RECOGNIZE THIS POPULAR LOCATION, DO NOT SPEAK TO THE SELLERS OR THEIR EMPLOYEES ***

Long term established as an S Corp in 1989 / same owner since then, operating, profitable, excellent location, superb condition, quality FFE, amenities include long term favorable lease rate, utilized banquet room, strong established community branding with catering expansion opportunities.

A complete turn-key operation. This beautifully designed and well-appointed restaurant of approx. 4605 square feet including banquet room, foyer and bar, located in a busy shopping center . Seating capacity is approx. 180. There are quality and distinctive leasehold improvements which include intimate dining spaces including a fireplace, custom light fixtures, foyer, bar and back bar with wine rack, under counter refrigeration, 10 foot ceilings and more. All this adds up to an eclectic elegance which makes a perfect space for full service dining or even a more casual fast concept. Fully equipped and efficient kitchen with 10 burner, 12 foot type 1 hood and well executed line. 2 ADA bathrooms.  Includes a type 41 transferable license.

Leasehold Improvements valued at $185,000.

Employees : 32 includes 28 part time and 4 full time Owner works 40 hrs per
week.

Rent: $10,000.+ CAM/Utilities. Includes 4605 sq ft for dining & kitchen space.

Term to 2031 includes 3 years + (2) Five year options to renew. Base rent - $2.50 per sq ft.

Seating : 180

*Wall Art excluded from Sale and available on Consignment

DISCLAIMER: the Seller herein furnished the information to Vivian Hanover, Broker & Pacific Coast Brokers, Inc. Who makes no representation or warranty as to its accuracy or completeness. Future Discretionary Earnings may differ from past Discretionary Earnings.