Italian Restaurant In SW Portland For Sale

Business description

Established, independent Italian Restaurant for sale in SW Portland. Wonderful upscale ambiance makes for a very comfortable dining experience in this full service Italian restaurant. The restaurant has a great layout with a main dining room, outdoor patio seating, banquet room for large gatherings and separate bar with established happy hour. A broad, creative menu and expansive wine list is endorsed by very favorable reviews on web sites. (80% Like, 4 Stars)

Property information

Location:

The restaurant is located in an established, yet modern, facility and makes great use of landscaping to enhance the patio and outdoor dining. There is ample parking in the dedicated parking lot. Dining room seats 120. Outdoor Patio seats 40. Banquet room seats 30. Bar seats 35.

Size in square feet:

4,000

Business Operation

Expansion potential:

Having an established lounge with bar and table seating, as well as separate banquet room for large functions allows the restaurant to host special occasions. Special events help to increase customer experiences, bring in more clients and enhance revenue potential over and above the traditional dining room.

Competition / Market:

The restaurant has become known in the community for their consistent service and progressive food, which has led to a large percentage of repeat business over the years. The owner has hosted many community events in the banquet room, enhancing it's appeal as a community establishment.

Reasons for selling:

Other interests

Trading hours:

Mon-Sun Lunch & Dinner

Employees:

2 FT/19 PT

Years established:

6

Other information

Support & training:

Will train for 2 weeks @ no cost

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$300k down/$50k for 24mo @ 8%