Business Summary
Northern Italian Continental Restaurant, Fine Dining, Wine & Beer Permit & Real Estate For Sale for $3,500,000. Well established family owned restaurant offering Northern Italian Cuisine, homemade desserts (on premise pastry chef), fresh seafood dishes & largest wine list in West Texas. Upscale restaurant offers menu items priced from $14.00-$38.95: traditional pastas, entrees, Veal Marsala, Rib-Eye Florentine & Chicken Parmigiana. Popular specials are Dover Sole in champagne sauce & Tenderloin Au Poivre. Incredible wine list of 250+ labels has wine priced $22.95 to $600.00. Customers dine on oak shaded patios or inside near Italian style fireplace. Below octagonal shaped roof, 14ft ceilings enclose beautiful plants, columns, Tuscan style motifs & feeling of fountain centered piazza. April to November main northeast patio is open for outdoor dining. Reservations recommended months in advance for weekends, large & small special events: New Year's Eve, Mother's Day, weddings, rehearsal dinners & large buffets. Superb romantic atmosphere yet popular for business & pharmaceutical meetings. Entire restaurant seats 250. 3 inside dining areas, wine room, 2 patios, 2 service rooms, office, kitchen, rotisserie, pizza oven, 2 storage rooms, garage & 4 bathrooms. Real Estate valued approx. $2,000,000. Centrally located 7000sq.ft facility in North Midland, West Texas in busy shopping plaza with upscale stores selling furniture, clothing, jewelry, plus day spa, hair salon & more. Pop. 101,000. Restaurant is free standing building, built in 1959 as plant nursery & surrounded by Live, Burr Oaks & Pecan Trees. Prestigious area hosts other upscale shopping center, community theater, private schools, & tennis club. Midland is home to country clubs with golf courses, college, Polo club, Rockhounds Baseball, 500 churches, 2 hospital campuses & Midland International Airport. 20 miles west is Odessa, pop. 110,000. Great place to raise a family in a community that offers so much!
Categories
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million (1,400,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (195,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $2.5 Million and $5 Million (3,500,000) |
