This is one of the most popular Italian restaurants with over 32 years of successful operation. in 2019 revenue was almost $2,000,000 and left $290,000 cash flow to owner. In 2018 revenue was almost $1,900,000 and owner made $298,000 cash flow. The business revenue like every other restaurant was impacted by COVID-19 in 2020 but it has been increasing nicely. Owner is selling this business with a discounted price and if it was not COVID in 2020 the business would have had a value over $750,000. Now this is a great opportunity for someone to take over this business and grow it to the level it was in 2019. there are over 135 seats plus outside seating and they serve Beer and Wine.
Required Licenses: General and Health
Real Estate Number: 623381
Seller Reference #MONTGMD006-N436
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