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Newly Remodeled High Volume Italian Restaurant w/Beer & Wine-Outdoor Seating
This very attractive Italian restaurant offers a striking interior and boasts 4,518 sq.ft. It is located in a charming foothill village area, in the San Gabriel Valley, surrounded by restaurants and shops. Which makes for a very walkable area and city center. The casual interior is elevated with high ceilings, brick accent walls, cement floors, and attractive wood tables and chairs plus banquette seating! They offer two lovely dining rooms, each with their own bar. The second dining area with a bar, large TV and service area is perfect for private parties and special events. This restaurant was attractively remodeled in 2014 with new flooring, paint, light fixtures, and furnishings. Parking is available on the street and in nearby public parking lots. Includes Type 41 beer and wine license. Outdoor seating for 38 guests is permitted for the next 4 years and may be renewable.
They consistently serve up some of the neighborhood's best pasta, steak, seafood, salads, and brunch for miles, with 4.4 to 4.6 stars on reviews across the board. Open for lunch Tuesday-Friday, brunch Saturday & Sunday plus dinner Tuesday-Saturday.
The restaurant offers a well-equipped chef’s kitchen with all equipment, smallwares, a prep area, large storage area, office, walk-in cooler, walk-in freezer, all furnishings, plus a beverage area with glass racks, ample wine storage and kegerator, plus back-of-the-house delivery access. There are additional opportunities to cater if desired.
List price of $325,000.
Listed By: Teri Craft
Background information
Reference:
ItalianCateringSGV
Year established:
2010, relocated to this location in 2014
Reason selling:
Other Interests
Finance
Sales:
$1,492,904
Operations
Employees:
They currently have 23 employees, plus the owner. The owner works full-time
Equipment:
The restaurant offers, a chef’s kitchen, prep area, large storage area, office, walk-in cooler, walk-in freezer, beverage area with glass racks and ample wine storage and kegerator, plus back of the house delivery access.
Premises
Facility:
Approximately 4,518 sq.ft. with seating for 140 guests, 38 outdoors. There are two separate dining and bar areas. The second dining area is perfect for special events and/or private parties with its own bar. The restaurant was upgraded in 2014 with new flooring, paint, and furnishings. There is parking on the street and there are public parking lots nearby. Includes office area.
Square footage:
4,518 sq ft
Rent and lease terms:
Rent is $11,443.93 including triple net charges, water and trash are additional. The lease expires March 1, 2024. We will assist buyer to secure new lease with landlord.
Location:
It is in a charming downtown village area, in the San Gabriel Valley, surrounded by restaurants and shops. Which makes for a very walkable area and city center.
Opportunities
Growth:
Ability to open longer hours.
Market:
It is in a charming downtown village area, in the San Gabriel Valley, surrounded by restaurants and shops
Price and terms
Price:
$325,000
Training:
Training and support is available.