Raimondo's Pizza & Pub Restaurant...

North Aurora, IL (Kane County)

Seller Financing Available
Raimondo's Pizza & Pub...
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Asking Price: $235,000

Cash Flow: N/A

Gross Revenue: $650,000

EBITDA: N/A

FF&E: $51,250

Inventory: $25,000*

Rent: $12,174,000 /Month

Established: 2011

*not included in asking price.

Raimondo's Pizza & Pub Restaurant...

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Business Description

Raimondo's Pizza & Pub...High volume...family owned...turn key...

This is a seven (7) year old growing, profitable pizza and pub business business only sale located in North Aurora at the intersection of Randall and Orchard Roads. Highly visible, heavy traffic counts, fully licensed, equipped with all equipment, brand, family recipes, catering equipment and more.... Business is for sale or partnership would be considered as an option....

They are a small, family owned business making pizzas and pastas the traditional way- handmade. The pie dough and sauces are family recipes made every day just as mom and dad made as the family grew. They then roll each pie dough by hand and create them to your specific order with only freshest of ingredients. This means that Raimondo's pizza and pasta dishes take a little longer than your typical chain or fast food restaurant experience, but they promise their customers that they will fall in love with the family's treasures! Call in advance to place and order if you plan to visit during normal dinner hours! And yes, their beer choices are exceptional and selected to complement the meals that are served.

Dine in...dine on the patio...take out or have your event catered by the best....

Located at the cross of Orchard and Randall Roads in North Aurora. Ease of access and plenty of parking.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
2/28/2021
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This has been a well maintained restaurant and pub since inception. It currently is in second year of five (5) year Lease and comes completely equipped to continue current operations while taking business to next level. Lease details and asset list will be provided as part of due diligence.
Competition:
They are a small, family owned business making pizzas and pastas the traditional way- handmade. Their pie dough and sauces are family recipes made every day just as mom and dad made when when Owners were kids (say 'hello' to Ma-Mama Sal- she's probably preparing one or the other!). They then roll each pie dough by hand and create them to your specific order with only the freshest, high quality ingredients. This means that Raimondo's pizza and pasta dishes take a little longer than your typical restaurant experience, but we promise you- you'll fall in love with this family's treasure! Why settle for the same old...same old when homestyle can be found at this family owned and operated business.....
Growth & Expansion:
Current Owners started the business 7 years ago without any previous restaurant operational experience and built revenues in excess of $670,000. By adding additional food and beverage options, beef up deliveries, strengthened marketing through use of social media and added support to gaming options, revenues can continue to grow.
Financing:
Possible with reasonable down payment....
Support & Training:
Current Owner will provide transitional training and post sale consultative services.
Reason for Selling:
Family health issues....
Business Website:
http://www.raimondos.com/
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(from currently available funds)
 
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Roger Blomgren

Business Listed By:
Roger Blomgren

Inland Real Estate Brokerage, Inc.

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