Business Overview

Serving delicious traditional Italian cuisine. Featuring handcrafted pizzas, savory pastas, mouthwatering sandwiches, 1/2-pound burgers, tasty appetizers, fresh salads, indulgent desserts and more. Daily and weekly specials. Kids menu.

Full-service restaurant and bar. Dine-in, carryout and delivery, plus catering for all occasions. Open for lunch and dinner.

Full bar. Spacious dining room. Ample seating. Large fully equipped kitchen.

Independent, no royalty, advertising or transfer fees. Potential to add video gaming. Family owned and operated.

Well established for over 15 years! Sales increasing yearly!! 2021 sales up over 14%!!!

Location: Prime retail space in a busy neighborhood plaza surrounded by an industrial park and many homes. Across from the high school.

Perfectly situated in a friendly city north of Rockford. A great place to live, work, learn, and play. Features good schools, beautiful parks and easy access. Located on the border of Illinois and Wisconsin along the scenic riverfront of the Rock River and Turtle Creek, the city is easily accessible off interstate highways I-90, I-39, and I-43. Chicago, Milwaukee, and Madison are all within 90 miles.

Feel free to stop by the location as a customer first. This is a highly confidential listing, please DO NOT talk to any of the employees or patrons. If interested, contact EatZ for more information. Showings by appointment only.

Listed By Tom Traina at EatZ & Associates

Financial

  • Asking Price: $1,095,000
  • Cash Flow: $348,705
  • Gross Revenue: $1,834,976
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2007

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:4,600
  • Lot Size:N/A
  • Total Number of Employees:22
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Leased space $4,859/mth gross. Current lease expires Nov 2023. Square Feet: 4,600. Seating: 170. Days/Hrs of Operation: Su-Th 11a-9p & Fr-Sa 11a-10p. Owners Role: Owner operated. Value of FF&E: Included In Asking Price (Valued at $100,000).

Is Support & Training Included:

Two weeks on-site comprehensive training

Purpose For Selling:

Moving to Florida.

Pros and Cons:

Authentic traditional Italian cuisine. Everything homemade with time-honored family recipes. Like Nonna’s cooking. Top notch customer service. Friendly staff. Everyone treated like family. Charming décor. Outstanding catering. Super-fast delivery. Everything packaged beautifully and arrives piping hot. Best place in town. By far the best pizza in the area. Best Italian food around. Known for their amazing food and excellent service! Rated 4.5 TripAdvisor, 4.3 Google, 4.2 Facebook and more. Voted Best Of Stateline 2021!

Opportunities and Growth:

The “go-to” local Italian restaurant. Area gem. Neighborhood spot. A frequent stop. Tons of regulars. Loved by many. Highly rated and recommended, great reputation to continue to build upon!

Additional Info

The business was established in 2007, making the business 15 years old.

The company has 22 employees and resides in a building with approx. square footage of 4,600 sq ft.
The real estate is leased by the company for $4,859 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals decide to sell companies. Nonetheless, the real factor vs the one they say to you may be 2 totally different things. For instance, they may state "I have too many other responsibilities" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these might just be excuses to attempt to conceal the reality of changing demographics, increased competition, current decrease in earnings, or an array of other factors. This is why it is very important that you not count absolutely on a seller's word, however rather, make use of the vendor's solution combined with your total due diligence. This will repaint a more practical picture of the business's present situation.

Existing Debts and Future Obligations

If the current business is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses borrow money with the purpose of covering items such as supplies, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can imply that earnings margins are too small. Lots of businesses fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing contracts with suppliers that must be fulfilled or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in new clients? Many times, businesses have repeat consumers, which create the core of their daily earnings. Certain variables such as brand-new competitors growing up around the area, roadway building, and also staff turn over can impact repeat customers and also adversely influence future revenues. One essential point to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more individuals that see the business often, the greater the chance to construct a returning customer base. A last thought is the general location demographics. Is the business placed in a densely inhabited city, or is it situated on the outskirts of town? Exactly how might the regional median home income influence future earnings potential?