Upscale American-Italian Restaurant and Bar

MN

Upscale American-Italian Restaurant and Bar
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Asking Price: $1

Cash Flow: $0

Gross Revenue: $2,333,000

EBITDA: $0

FF&E: $0

Inventory: $0

Established: N/A

Upscale American-Italian Restaurant and Bar

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Business Description

Founded in 2003, this casual, upscale, full-service, American-Italian restaurant and bar serves lunch and dinner daily and has built high brand recognition. A breathtakingly designed and landscaped facility provides substantial private dining opportunities, as well as banquet rooms for receptions, wedding parties, and corporate events. Seating capacity is at 300 inside, and an additional 100 outside, with room for growth. Truly unique architecture leaves guests with terrific first impressions. The principals wish to sell the property and building with the restaurant. The lunch, dinner, and dessert menus contain the many culinary faces of American and Italian food, always reflecting the season while utilizing local and regionally grown and produced meat, vegetables, fruit, and dairy products. Through the years, this establishment has garnered a great reputation for serving the highest quality food.

With sales projected to hit $2,500,000 in 2012, this restaurant produces well above the national average for family restaurants of $866,000 (according to First Research). Additionally, economists census estimates peg GDP growth at 2% to 2.5%, boosting consumer confidence, which is the primary indicator of demand for this company s products.
With the infrastructure in place, a well-trained and knowledgeable staff, and established sales volume, this restaurant and bar would make an ideal acquisition for an upscale restaurant chain looking to make an entry into this geographic area, or an individual investor interested in breaking into the industry.
Other Investment Considerations
Winner of numerous awards including Best Patio , Best Brunch , Best Dinner , Best Happy Hour , and Best Romantic Restaurant (as voted by consumers through numerous publications).

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Don Sawyer

Business Listed By:
Don Sawyer

Generational Equity, LLC

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