Stunning Italian Restaurant In Chicago West Southwest Suburbs For Sale

Business description

This is a full service restaurant with 3 dining rooms, a 10-seat private VIP dining table, a full bar with 16 seats, an outdoor
patio area and a full service elevator. There is even enough space to add an additional 70 seats in the lower level. The
restaurant currently offers dine in, carryout and delivery.

The menu consists of delicious high-quality Italian-American cuisine. As soon as you walk in the front door you cannot help but notice the attention to detail and elegant design of the dining rooms and bar. This restaurant is the "hot spot" for a variety of occasions in the western suburbs and promotes family events, wedding receptions, rehearsal dinners, and private events.

The business opened in 2009 and has received glowing reviews from critics and customers alike. It doesn t take long to find hundreds of customer testimonials on a variety of online review sites, such as metromix.com, urbanspoon.com, and more. Customers are in agreement that this restaurant combines beautiful ambiance, elegance, warm service and fantastic food.

The current owners have live music and events every week. They keep the bar open late on Fridays and Saturdays to cater to the weekend night-life. Customers choose from over 70 wines which are available by glass or bottle.

Property information

Real Estate:

Real Property Included

Premises details:

The previous owner spent approximately $2.4 million on the build out of the space, and it shows. Of that amount, they spent approximately $660,000 in equipment alone. The space consists of 3 beautiful dining rooms, a full bar with additional seating, and a private room for parties. And there is still more room in the lower level to add additional seating. There is also a fully appointed patio area for customers to dine outside when the weather is nice.

Business Operation

Expansion potential:

Promoting more catering and delivery service to private events. Expand Internet presence and online marketing. The restaurant is not open for lunch, so expanding the hours of operation by opening for lunch would clearly result in higher sales. This place is already does great numbers. Imagine how high the sales will go if you open for lunch. Another important area of opportunity is the lower level. Currently, it s being used as a storage area however, it's partially finished and can easily be turned into an additional party room.

Other information

Owner financing:

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

Financing available:

Owner will consider financing a portion for qualified buyers.

Furniture / Fixtures value:

$275,000 (included in the asking price)

Inventory / Stock value:

$30,000