Business Summary:
Established, independent Italian Restaurant for sale in SW Portland. Wonderful upscale ambiance makes for a very comfortable dining experience in this full service Italian restaurant. The restaurant has a great layout with a main dining room, outdoor patio seating, banquet room for large gatherings and separate bar with established happy hour. A broad, creative menu and expansive wine list is endorsed by very favorable reviews on web sites. (80% Like, 4 Stars)
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| Year
Business was Established: 2005 |
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| Number of Employees:
2 FT/19 PT |
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| Facilities / Terms of Lease:
The restaurant is located in an established, yet modern, facility and makes great use of landscaping to enhance the patio and outdoor dining. There is ample parking in the dedicated parking lot. Dining room seats 120. Outdoor Patio seats 40. Banquet room seats 30. Bar seats 35. |
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| Potential
Growth/Expansion:
Having an established lounge with bar and table seating, as well as separate banquet room for large functions allows the restaurant to host special occasions. Special events help to increase customer experiences, bring in more clients and enhance revenue potential over and above the traditional dining room. |
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| Competition:
The restaurant has become known in the community for their consistent service and progressive food, which has led to a large percentage of repeat business over the years. The owner has hosted many community events in the banquet room, enhancing it's appeal as a community establishment. |
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| Owner
willing to finance:
$300k down/$50k for 24mo @ 8% |
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| Owner
willing to train:
Will train for 2 weeks @ no cost |
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| Reason for selling:
Other interests |
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Seller Reference Number: 8101-7446
BusinessMart.com Listing Number: 113705 |
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