Elegant & Profitable Italian Family Fine-Dining Restaurant

Louisville, KY (Jefferson County) (Relocatable)

Seller Financing Available
Elegant & Profitable Italian Family Fine-Dining Restaurant
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Asking Price: $350,000

Cash Flow: $146,877

Gross Revenue: $383,891

EBITDA: N/A

FF&E: $40,000

Inventory: $15,000*

Rent: $1,250 /Month

Established: 2015

*not included in asking price.

Elegant & Profitable Italian Family Fine-Dining Restaurant

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Business Description

Exclusive restaurant offering a small Italian trattoria experience

An exclusive restaurant offering a small Italian trattoria experience is for sale in Louisville, Kentucky. Independently owned, the restaurant offers communal dinners with four-course authentic Italian dinners that last all evening, as well as wine sales and cooking classes, one evening per week. The business has grown rapidly to over $380,000 since opening in 2015 and uses online booking technology to handle up to 70% of their reservations. They are fully booked on weekends with both returning customers and new guests, and they have seen a steady increase in their weekday bookings since using this reservation method.

The owner is the chef who runs the business with the help of two part-time staff. Offering limited, family-style seating, the restaurant combines a feeling of exclusivity and fine-dining with authentic Italian food and a family dining experience. The furnishings and accessories which create part of the charm of an Italian home are all included in the purchase price. This includes antique furniture, place settings, linens, glassware, and a well-stocked kitchen.

This leased property is in the historic district of the city, with high-visibility and easy access. The building has had extensive refitting done by the business owner to turn the property into a fine-dining restaurant. There is growth potential through remaining open instead of closing during yearly (for 3-6 weeks) trips to Italy, extending the hours, opening for Sunday brunch, and changing the offerings for cooking classes. The owner is selling in order to pursue other culinary experiences in Italy. This is an opportunity for a talented chef, interested in Italian cooking, to own and run their own exclusive restaurant in an established market.

This is an established business. This is neither a new franchise nor a start-up opportunity.

***Please look for an email with the subject "Morgan & Westfield –“Elegant & profitable Italian family fine-dining restaurant” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***

Detailed Information

Location:
Louisville, KY
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
850
Lease Expiration:
N/A
Employees:
2 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Yes, available for qualified buyers
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Arthur Williams

Business Listed By:
Morgan & Westfield

Morgan & Westfield

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