Classic North End Restaurant with long history of success. This has been a successful restaurant for decades and with a strong cash flow it is a very appealing opportunity. The owners are retiring, and they are looking for a good Buyer and Tenant for business and building.
Parking: City Lots – limited street parking
Lease Terms: 10 years with two (2) five-year options
Base Rent: $12,000 NNN
Seating: Capacity for 99
Size: Approx. 5,000 total square feet
Hours: Mon-Fri 4p-10p; Sat 12p-10p, Sun 12p-9p
Licenses: Beer/Wine/Cordial
Concept: Italian
Cash Flow: $300,000 per year
Sales: $1,250,000 per year
Asking Price: $649,000 (For the Business)