SOLD – Italian Restaurant with BYOB
An authentic New York Style Italian restaurant in a prime location of a high-income city is available for acquisition. This business was originally established in 2017 by the current owner of the business, which has over 30 years of experience in the food industry in New York. The owner has completely remodeled the establishment spending over $130,000 by changing it to an open kitchen and also imported a wood fire oven directly from Italy. There are currently no direct competitors that are within the immediate market area that is the same type of restaurant. Most of the customers are upper-class families with lots of disposable income that are from the surrounding densely populated residential neighborhoods and office buildings housing many corporations. Proactive marketing is crucial to the further growth of this business as the restaurant has many untapped areas that can be utilized to reach full potential in sales. There are many ways to proactively market this business such as increasing the price of some menu items, direct mailing, delivery service, 3rd party delivery, daily specials, weekly deals, and catering service. Additionally, delivery service within the high-income area will be extremely beneficial as many individuals with disposable income would rather receive delivery service than dine-in at the restaurant. Their menu consists of many items that can range from appetizers, soups, salads, kids menu, risottos, pizzas, pasta, seafood entrees, an assortment of sides, and desserts. This business has everything in place for a potential buyer to tremendously grow the business.