Beautiful Italian Restaurant In Busy Downtown Dupage Location For Sale

Business description

"Full service restaurant currently serving Italian food, extensive menu with a variety of great selections. Fully equipped kitchen. Two smokers are built into the basement in ""like new"" condition.
Historical Summary:
The restaurant has been in business for nearly 18 years, almost 3 in this location. Dedicated following for the restaurant, carry out and delivery customers and catering.
Competition:
Other Italian restaurants in the area, none compare to this one.
Potential for Growth :
Tremendous opportunity to expand the menu. New owner could gear things to the existing customers and continue to grow the base. "

Property information

Real Estate:

Lease

Leasehold rent:

$5,600 per annum

Location:

Beautiful space in a residential building. Poured contrete floors, open ductwork, warm, friendly feeling. Large kitchen with a dumb waiter to the basement storage areas and additional coolers and freezers. Loads of space for storage of perishable goods and dry goods. Separate cooler for beer and kegs. Private party room in the basement seats 50. Upstairs dining area seats around 140, including the bar area.

Premises details:

Beautiful space in a residential building. Poured contrete floors, open ductwork, warm, friendly feeling. Large kitchen with a dumb waiter to the basement storage areas and additional coolers and freezers. Loads of space for storage of perishable goods and dry goods. Separate cooler for beer and kegs. Private party room in the basement seats 50. Upstairs dining area seats around 140, including the bar area.

Size in square feet:

6,000

Business Operation

Expansion potential:

Menu expansion could grow business with existing customers and to new customers.

Competition / Market:

Other italian restaurants do not compare to this one.

Reasons for selling:

Relocation

Trading hours:

Mon 4-10
T-TH 11 am- 10 pm
Fr Sat 3-11 pm
Sun 3-8

Years established:

1989

Other information

Support & training:

Owner will stay to train if needed. Kitchen staff would like to stay

Furniture / Fixtures value:

$150,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)