Here is an opportunity of a lifetime. This 20 year old established upscale Italian restaurant with a huge lounge and patio can be yours.
It has a great corner location, close to the freeway and lots of parking. It also has a very favorable long term lease at below market. It incompasses 5000 square feet inside with a seperate formal dining area.. The lounge could easily be turned into a cool speakeasy..Sales have fallen off the past few years as long time owners have departed and in the hands of management.. This place had sales upwards of 3 million years ago and could easily get back to form with right staff and marketing..It would cost up upwards of 750k to replace. Last years sales 1.1 million.. How about some great owner financing with just 150k down and balance of 150k amortized over 6 years at 7% a no brainer the the aspiring chef or entrepeneur.. No tire kickers, this is the real deal and firm.