Longstanding Highly-Rated Italian Restaurant w/Property - 28 Years! For Sale

Description

Established Italian restaurant with real estate for sale in a northwest Chicago suburb.

The business has operated for 28 years from a freestanding building at a major intersection.

The asking price for the business and property is $1.1 million.

Menu and service

• Handmade pasta
• Seafood
• Steak
• Veal and chicken dishes
• Gluten-free options
• Classic Italian desserts
• Dine-in, carryout, delivery and catering

The restaurant operates for dinner six nights per week and uses a full-service, white-tablecloth format.

Seating and bar areas

• Approximately 80 seats in the main dining room
• Approximately 69 seats in a private dining room
• Approximately 42 patio seats
• Full-service main bar
• Smaller second bar

Kitchen and property

• Large commercial hood
• Multiple stoves
• Fryer
• Steam table
• Refrigerated equipment
• Basement pizza oven
• Walk-in cooler and freezer
• Basement storage

The business is independent and has no franchise fees. The current owner works in the operation alongside long-term staff.

The transaction is structured as an asset sale with the real estate, furniture, fixtures and equipment included.

Buyers should verify historical financials, property condition, equipment, staffing, liquor licensing, patio approvals, catering activity and zoning during due diligence.

The listing is confidential. Showings are available by appointment only.