| Asking Price |
$495,000 | Inventory |
tbd** |
|---|---|---|---|
| Gross Income |
Not Disclosed | Real Estate |
$495,000* |
| Cash Flow |
Not Disclosed | Year Established | N/A |
| FF&E |
yes* | Employees | 5-7 |
* included in the asking price
** not included in the asking price
"Mangia, Mangia, Mangia" An Italian Restaurant & Lounge located in charming C. 1840, 12 guest room Inn consisting of 8815 square feet. Includes a 4 room owner's apartment. Sitting on 4.3 acres with long frontage on the area's main highway (RT. 3), offers outstanding visibility and accessibility. Snowmobile trail passes side door, adjacent to a Summer Stock theater, minutes from a Grand Hotel/Spa/Golf that refers guests year round. Boasts a full commercial kitchen, large & smaller dining rooms allows seating for over 100, large eat in bar area, & much more. Ground floor of this long established facility was renovated in 2008 & opened as an Authentic Italian restaurant & lounge. Today it has become a very popular place to eat, & is performing exceptionally well. Second level rooms & owner's apt. have been cleaned, but not renovated or furnished. Guest rooms & owner's apt. needs cosmetics, and furnishings. This is truly an exceptional opportunity, & a simple operation to run. The sale includes all equipment, etc. to operate the restaurant/lounge. The items on the menu are all very popular & all sell. The same is true for the wine & beer lists. This is a winner & a steal for... $495,000.
Facilities: 8815 Sq Ft Building is circa 1840 with latest renovations in 2008. In very good condition with plenty of parking on 4.3 acres. Presently operated on a seasonal basis (mid-June - New Year's Eve) for owner who lives out of state.
Competition: Competition is minimal, and there is no other Italian Restaurant.
Growth/Expansion: Inn part of buildng could and should be renovated (cosmetics) and furnished.
Financing: 0
Support/Training: 2 weeks
Reason Selling: Other Interests

Frank R. Mai
603-837-3331
The Diamante Group
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