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#3778
Pasadena Restaurants For Sale
San Bernardino Restaurants For Sale

Old World Italian High End Dinnerhouse

Old World Italian High End Dinnerhouse
This Listing is Expired

Sixteen Years of established excellence in the fine dining arena. This go-to, upscale bistro has a huge fan base with customers searching for a premier dining experience.

Several Awards for excellence including Zagat Rating!

Seats 125 patrons, guests enjoy one of the finest wine lists in the area. Known for the subtle ambience and authentic recipes, you can step into a concept that has been sucessful.

Owners are retiring after sixteen years in the restaurant business and are searching for an experienced operator who has the talents to continue with the current concept. They leave a capable staff with rigorous training in fine dining concepts. Training manuals are in place with established practices that have proven sucessful.

With a constant flow of repeat customers, you can increase sales with catering and private events. Current owners haven't taken advantage of the swarm of organizations in the area who spend willingly on these services.

Offering a fine selection of remium wine, join the current trend toward dinner pairing with food accentuating wines from across the globe. Ideal location for private events, weddings and business gatherings, you now have the opportunity to become a part of a community who appreciates fine dining in an upscale setting.

Favorable lease with a willing landlord.

A The Heim Group, Inc. Listing

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409

Lease

Region:
Pasadena Restaurants For Sale
San Bernardino Restaurants For Sale
Lease Term:
exp 7-31-2013 (1) option ends 7-13-2018
Total Monthly Rent:
$6,116
Security Deposit:
$6,116

Financials

Last Year's Annual Gross:
$1,816,700
Last Year's Owner's Cash Flow:
$287,942
Last Year's Food Cost %:
39
Last Year's Payroll Cost %:
29
Last Year's Rent %:
4

Operations

Liquor License:
47
# of Full-Time Employees:
10
# of Part-Time Employees:
25
Hours Open:
Lunch
M-F 11AM - 2 PM
Dinner
M-Th 5 PM - 9PM
Fr-Sat 5PM - 10PM
Sunday 4PM - 9PM
Year Established:
1996
Hood System Type 1:
Yes

Facilities

Indoor Seating:
125
# of Parking Spots:
50
Inside Sq. Ft.:
2,800

Highlights

  • Italian Bistro Please The Crowd
  • Offer over 250 Wines From Around The World
  • High End Clientelle Loves This Bistro
  • Old World Italian Bistro For Sale
  • White Tablecloth Dinnerhouse Pleases Crowds
  • Training Manual In Place For Employees
  • Offer Premium Cuisine in Elegant Setting
  • Established 1996 Offering Delicious Fare
  • Zagat Rated Restaurant For Sale
  • Offer Wine Pairing Dinners To Delight This Crowd

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 31,047 114,698 234,817
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 11,868 37,503 73,974
2010 Persons Per Household 2.58 2.95 3.01
Median House Value $530,400 $405,251 $376,538
Income Per Household $88,240 $71,338 $67,341
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 831 2,339 5,335
2012 Number Of Employees 29,596 73,358 146,492
2012 Total Annual Payroll $555,398,000 $1,468,694,000 $2,690,624,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.


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