This is your opportunity to take over a well-established Italian eatery that has been delighting locals and visitors alike with its authentic cuisine and inviting atmosphere.
Plus, it comes with a valuable liquor license!
At a Glance
Are you ready to fulfill your dream of owning a charming Italian restaurant in the heart of Berks County, Pennsylvania? This is your opportunity to take over a well-established Italian eatery that has been delighting locals and visitors alike with its authentic cuisine and inviting atmosphere.
Plus, it comes with a valuable liquor license!
Key Features:
- Prime Location: Located in a bustling area of Berks County, this Italian restaurant benefits from
high traffic and a loyal customer base. The restaurant is easily accessible and offers ample parking.
- Established Reputation: With years of operation, this Italian restaurant has built a solid
reputation for its delicious dishes, exceptional service, and warm ambiance. It has a strong online
presence and a loyal following on social media.
- Turnkey Operation: The restaurant is fully equipped and ready for a new owner to step in and
continue its success. All equipment, furniture, and fixtures are included in the sale.
- Liquor License: This sale includes a valuable liquor license, allowing you to offer a full bar service,
increasing your revenue potential.
- Diverse Menu: The restaurant offers a diverse menu of classic Italian dishes, from
mouthwatering pasta and wood fired pizza to delectable seafood and succulent meats. There's
something for every palate.
- Indoor and Outdoor Seating: The spacious dining area accommodates both indoor and outdoor
seating, perfect for year-round dining options and private events.
- Experienced Staff: The restaurant has a dedicated team of skilled and experienced staff members
who are willing to stay on with the new owner, ensuring a smooth transition.
- Growth Potential: There is ample room for growth by expanding catering services, delivery
options, extending hours, and marketing efforts to attract a larger customer base.
The Numbers
Asking Price: $1,388,000
Gross Revenue: $798,239
Cash Flow: $213,958
Liquor License: Yes Berks County “R”
Sq Ft: 3800
# Of Seats: 120
Listing Features
FF&E: Included
Real Estate: Owned
Seller Financing Yes or No: Yes
Year Established: 2010
Support/Training from Sellers: Yes
Reason for Selling: Retirement
Competition/Market Pros: Limited competition. High growth area
Growth and Expansion Opportunity: Catering, more hours open and online marketing
Justin Staub
Vice President of Business Development - Central Pennsylvania
717-609-2062
justin@sofrankoadvisors.com
“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
“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
“"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
“Sofranko Advisory has always done excellent work for me and my clients....Their capabilities are second to none. I always highly recommend them.”
David Glickman
Newmark Knight Frank
“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
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Terry
Sam's Pop & Beer
“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