Last Revised: 9/13/19. Posting #: 255717
Key Words: italian, sacramento, convert
Financial Info: New Price now $125K! Down: Call. Adjusted Net: Call. Annual Revenues: $428,391. There is a great Lease in place to June 2021 + options. Total Rent: $4,100/month!
Profile: New Price now $125K!
This popular Italian Restaurant offers an outstanding value to someone seeking a restaurant and bar in a desirable South County location near Elk Grove. The area is known for its excellent quality of life and scenic beauty, but the community is also experiencing a lot of economic growth and residential development because of its reasonable commute times either North to Elk Grove (10 minutes), Sacramento (30 minutes) or South to Stockton (25 min) or the East Bay (1 hour). The restaurant benefits from its prominent location in the central business district with easy freeway access and off-ramp visible pylon signage.
The restaurant features open dining spaces, a bar, and a large outdoor dining space that can be used nearly year-round. The interior has been recently updated with an inviting modern design that includes features like exposed ceilings and polished cement floors paired with rustic wood accents, and subtle Italian architectural elements. Guests appreciate the fresh look and the casual yet elegant dining experience. The restaurant has a small Bar that highlights Italian wines and the sale includes an ABC Type 41 Beer & Wine license.
The restaurant has a fully equipped kitchen set up to handle high volume production during peak periods for fast full table service. There is a 13ft Hood/Ansul, double Walk-In Fridge/Freezer, large capacity in-ground grease trap and all the equipment you need. The space is approximately 2,840 sq. ft. with seating for 85 + another 40+ on the patio. Lease in place to July 2021 + options. Total Rent is only $4,100/month!
Full Financial Package available with a signed NDA.
The owners have laid a great foundation and have pride in the legacy of the restaurant that they have developed, but the time has come to prepare for retirement soon. The next owner could continue to build on the momentum of the current concept, or the space could also be considered for a turn-key cost-effective conversion to a new concept too. This will be a great opportunity for a hands-on owner with restaurant experience who is looking for a space to showcase their culinary abilities and who would enjoy being involved in a growing community.
Interested? Please fill out our Confidentiality Agreement/NDA form to get started. Once we receive your Confidentiality Agreement, we will send you information with the address and other details.
This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only.
We look forward to talking with you about this exciting opportunity.
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