Listing Number: 94356-559175
Description
Introducing a high volume, heavily trafficked restaurant with documented success. The ROI on this business is impressive with a 3 year potential return. Profitability is proven, location is prime, and the lease is affordable!
This turn-key operation is priced generously; to sell.
This business is a casual Italian restaurant that specializes in Authentic Italian Cuisine with a large, local following of their New York Style Pizza, showcased for customers to view while being prepared. The New York owners have effectively captivated the working & business class demographic, holding strong customer retention with stellar goodwill, dedication to the community through multiple school/sports sponsorships. The community footprint of this business is everywhere allowing their brand to dominate the minimal existing competition in the area.
As for consumption options they've creatively offered the unique New York dining experience here in Tennessee. Offering it's one of a kind (entire) menu to their customers in a beautiful contemporary, 2,700 sq ft. split dining room that'll seat up to 150 people for lunch & dinner services.
The concept of the business is innovative & proficient in capitalizing on the potential revenue sources in the industry. Take-out service is an impressive 28% of the revenue generated! Or if the customer rather stays on the lake they'll even bring it to you, on the dock! Yes, they deliver the entire menu. In addition to the catering menu, a sure to pleaser for Weddings, Graduations, Or any special or corporate event. The restaurant provides a full array of Authentic Italian Entrées, Appetizers, and Desserts enjoyed by the family from years of memorable dining. Prepared fresh by our long employed Chef, Sous Chef and kitchen staff.
This restaurant is Highly Efficient, Ergonomically perfected, 900sqft. a commercial kitchen is ideally equipped for this high volume establishment. With religious cleaning and maintenance performed on the equipment it is in like new condition, An inline plumbed grease trap existing in excellent shape, massive Walk-in cooler with exterior line sets with records of refrigeration maintenance performed quarterly, an 80qt Hobart Mixer allows an optimal kitchen operations.
As the new owner you'll have access to our loyal customer base, catering clients and reputation of excellence. Our successful recipes, cooking techniques, and fully trained staff. The sellers are willing to provide training and support to protect your asset and their interests for a seamless, successful transition.
The positive potential for growth and innovation does not stop there. Our prime location, in the heart of the bustling downtown area, offers plenty of opportunities' to expand your business and tap into new markets. The options are endless and will cater to your concept as it has successfully done thus far. The sellers are motivated and flexible. Schedule an appointment today to view this impressive profitable enterprise and see this exciting opportunity in person.
Listing Details
- Price: $ 588,000
- Down Payment: $250,000
- Sellers Discretionary Earnings: $ 325,000
- Total Sales: $ 1,087,606
- Location: Franklin County, Tennessee
- Inventory: $ 15,000
- FF&E: $ 188,245
- Employees:
- Reason for Selling: Family Reasons
- Category: Restaurants
