This long established family style Italian restaurant has been a staple in the eastern suburbs for the last 35 years. As the “go to” spot for special occasions or just a nice night out, the amazing food and personal touch keeps bringing people back again and again. Whether it’s a banquet for 120 or a romantic dinner for two, the great and long standing tradition of this local favorite is always upheld.
The Numbers
Gross sales over $1.2 Million
Cash flow over $100,000
Over 2 acres of real estate
6800 square feet
Asking Price FOR EVERYTHING: $989,000
Asking Price for business, FF&E and Liquor License: $489,000
With a loyal clientele and the ability to expand hours to grow an already profitable business, this opportunity presents the new owner with several options. You can simply keep things rolling or bring in your own concept
Turn-key, Profitable Business Opportunity
The Numbers
SQ FT: 4620
Gross Sales:Over $1 Million Dollars
Current Rent:$3,950
Over $600,000 in renovations
Sales Price:$399,000
INCLUDING EVERYTHING- (Yes, the LIQUOR LICENSE too!)
“It was my pleasure doing business with Sofranko Advisory Group and my representative Paul Alexander. Paul showed true expertise in the sale of my bar & restaurant. He exceeded all expectations and closed my deal exactly how we discussed. He providing me with constant updates and feedback throughout the process. My experience was second to one. I would highly recommend using Sofranko and Paul in all sides of bar and restaurant business”. – Justin, Iron Creek
“"She handled my constant questions and concerns with compassion and professionalism. Couldn’t have done it without the team! Much gratitude and praise is definitely due." ”
Terry Sam's Pop & Beer
“I simply wanted to write you and say thank you very much for all of your efforts, time, and your trust in us! I am grateful for the fact that you worked with us and proud to be a part of The Vault.”
Jim The Vault
“I'd like to thank Ronald Sofranko for the great job you did for Maxwell's Pizza Bellevue helping facilitate the liquor license process.”
Christina Maxwell's Pizza
“"Everyone we have dealt with from Sofranko Advisory Group has been diligent, honest, and professional at all times. I have recommended their services to close friends of mine and will continue to do so in the future."”
Big Shot Bob’s House of Wings Big Shot Bob's House of Wings
“It was my pleasure doing business with Sofranko Advisory Group and my representative Paul Alexander. Paul showed true expertise in the sale of my bar & restaurant. He exceeded all expectations and closed my deal exactly how we discussed. He providing me with constant updates and feedback throughout the process. My experience was second to one. I would highly recommend using Sofranko and Paul in all sides of bar and restaurant business”
Justin Iron Creek
“You guys are a great company. [Jeff] and Ron have been very patient and informative. Very glad we're selling through you. People over money is most important to us and you've shown that as well. ”
Randy Bob's Beverage
“Sofranko Advisory has always done excellent work for me and my clients....Their capabilities are second to none. I always highly recommend them.”