Warm & Inviting Italian Restaurant w/ High Income! Full Liquor & Patio

, California 4 views 0 favorites

Financial Highlights
Asking Price
$600,000
Revenue
$1,235,222
Business Description

Superb, family-owned & operated Italian restaurant since 1996, with a cozy & warm, casual dining room, semi-enclosed patio and full liquor license. Located in a pleasant suburb in the northern LA foothills near shops & restaurants. A favorite with established clientele for Italian dishes, pasta, pizza, fish, family dinners, plus excellent wines and cocktails. The patio with water fountain and pretty views creates the perfect venue for dining, anniversary parties, birthdays, and showers. This is a very lovely restaurant that has been the family’s pride and joy for nearly 25 years with long-term staff. There is potential to increase revenue by opening for brunch, lunch and on Mondays. Dining room seats 49 people and the patio 40. Remodeled in 2005.  There is no hiding the pride of ownership of this building and business. This is a very well-maintained property with parking for 16 cars.  The well-equipped kitchen and back of the house includes extensive equipment, furniture and fixtures. Complete with large wood/gas pizza oven, 2 additional 6 ft. hoods and 12 ft cook line, POS system, security system, espresso machine, wine storage for approximately 350 bottles or more, plus walk-in cooler and more. Location: Los Angeles County, California Year Established: 1996 Number of Employees: 13-15 Real Estate: Leased Building Sq. Ft.: 2,400 Rent: $8,500.00 Per Month Lease Expiration: 3/31/2031 Facilities: Well maintained restaurant and property with parking for 16 cars. Remodeled in 2005. Located in a pleasant suburb near shops, restaurants, nearby attractions and a large hospital. Market Outlook/ Competition: Most revered restaurant in the area. Their excellent food, extensive wine list and stellar reviews bring customers in from other areas. Easy freeway access. Growth & Expansion: Opportunity to open for lunch or brunch!

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 2 weeks ago

Views: 4

Favorites: 0