Upscale Italian Restaurant In Wellington For Sale

Business description

Upscale Italian restaurant in very affluent township. 4550sqft/ seats 220+. Restaurant is split into 3 areas, the formal dinning room, full bar seating and booths for dinning and a covered outside eating area. The menu is classic Italian fair with attention to every detail. In a better economy this restaurant was grossing $3mil. There is also another restaurant by the same name in another very affluent town that the owner might also sell as a package to the right buyer. Please contact broker John Talio when inquiring about this listing

Property information

Real Estate:

Lease

Lease terms:

$9033.76/mo in 4550 sf

Business Operation

Reasons for selling:

Moving

Trading hours:

Monday - Sunday Lunch and Dinner

Employees:

10 FT 15PT

Years established:

7

Other information

Support & training:

Seller will train 1 week at no cost

Owner financing:

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

Financing available:

$99k @ 7% for 60 mos

Furniture / Fixtures value:

$185,000 (included in the asking price)

Inventory / Stock value:

$8,000 (included in the asking price)