Sold
Successful Multifaceted Hospitality Business in Growing Area
For over 40 years, the upscale Italian restaurant has been an established fixture in Cumberland County, renowned for its exquisite homemade cuisine and exceptional service. Founded in 1980 by a visionary family with deep-rooted culinary traditions, the restaurant has become a beloved destination for fine dining and special events.
The sale of this prestigious establishment includes a restaurant, 10,000 sq ft banquet facility, a motel, apartments, a large garage, multiple kitchens, and a liquor license, offering a comprehensive hospitality experience
Sponsoring Broker:
Troy Duffan, CEO
Listed By: Justin Staub
Background information
Reference:
24-376
Year established:
1980
Reason selling:
Retirement
Finance
Sales:
$1,542,915
Operations
Employees:
GM has agreed to stay on for transition
Inventory:
Included approx $12,000
Premises
Facility:
5 acres that Include restaurant, banquet facility, motel units and apartments
Square footage:
32,000
Opportunities
Growth:
Potential to increase marketing as most is currently done by word of mouth
Price and terms
Price:
$3,999,999