Landmark Restaurant w/Real Estate

Landmark Restaurant w/Real Estate

Location:Rhode Island
Your Reference ID: 19898

FINANCIAL INFORMATION

Asking: $2,400,000
Gross: $2,313,294
Cash Flow: $396,181
Furniture, Fixtures & Equipment: $400,000 (Included in Price)
Inventory: $10,000 (Included in Price)
Real Estate: $1,500,000 (Included in Price)

SUMMARY DESCRIPTION

Award winning Italian restaurant known for its original Italian recipes and delicious food.

For many years, this restaurant has been a popular destination for fine dining, their wine and drink selections, parties and functions.

Very experienced management and staff.

FACILITIES

Spacious location, seating capacity 150+ with a state-of-the-art bar, large kitchen, prep area, storage, walk-in refrigeration, etc.

Ongoing renovations and maintenance have resulted in a facility that will last for many years.

This is a special destination.

GROWTH/OPPORTUNITY

Solid, well-established location with various potential growth avenues available.
The overall quality throughout is outstanding.

Training & Support:

As needed for a smooth transition


Reason Selling: 

Retirement

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING BROKER

Kevin Nery, CBB, LCBI, M&AMI

Kevin Nery, CBB, LCBI, M&AMI