Italian Gourmet Restaurant, Deli and Cafe

Location: Massachusetts, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $225,000
Cash flow: Not Disclosed
Revenue: $600,000
Gross Income: Not Disclosed
Inventory: $20,000 - Not included in the Asking Price
FF&E $50,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

This Italian gourmet restaurant was established over 23 years ago, is centrally located in a quaint and prominent South Coast boating town, and has a great reputation in the community. The company offers a great breakfast menu, an extensive sit down and take out lunch assortment, an all you can eat Italian dinner buffet, an extensive catering menu, and an assortment of bakery goods, coffees and specialty gourmet items. The company serves breakfast and lunch six days a week, and offers a popular dinner buffet on Thursday and Friday evenings. The delicious entrees, specialty sandwiches, custom foot long subs, and catering platters are the result of years of experience and tasteful recipes.
The kitchen area is well equipped with gas ovens and grills, several refrigeration systems, and three food preparation areas, all well maintained and in good condition. The business is ideally located on main street in a picturesque upscale seaside town within a group of elegant boutique shops.

This business has consistently generated sales in the $500,000 - $600,000 range.

The leased facility is 1,740 SF. The seating and deli displays consume approximately 1,400 SF. The kitchen and coolers are approximately 400 SF. The monthly rent is $2,200.

A partial list includes a double oven, a six burner gas stove and grill combination, a walk in freezer, two large refrigeration units, an automatic dishwasher, three stainless steel food preparation tables, several refrigerated display cases, deli scales, deli slicers, and tables and chairs for 40.

They have documented numerous opportunities for the buyer to consider that will increase revenue and profits. Offering gift baskets year round, initiating a delivery service, faxing daily menus to local businesses, and computerizing the sales and purchasing functions are a few of the recommendations.

The owner will facilitate a two week orderly transition. All of the recipes and customer lists
will convey to the buyer.

General Information

Reason Selling:

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