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4,500 sqft

$1,200,000

100 Confidential Street, Other PA, 99999

Price per sqft$266.67
Built in2005
Property size4,500 sqft
Property typeCommercial
Courtesy of Revolve Real Estate, Janine Marie Senofonte Listing Contact: (570) 800-6861

Overview

Active

Listed Sep 23, 2024

Updated Jun 4

Discover a remarkable opportunity to acquire a long-established Italian restaurant with an outstanding reputation in a thriving community. This local gem, conveniently local in a wonderful market, offers both a loyal clientele plus significant potential for growth. Situated in a vibrant neighborhood with high foot traffic, ensuring visibility and accessibility. The restaurant features a welcoming and spacious dining area for up to 100 quests, a private dining space that seats up to 25, a large separate catering area that seats up to140 and parking for 75+ vehicles This allows for both large gatherings and intimate dinners. The warm, inviting decor reflects the rich Italian heritage, making it a favorite destination for families and special occasions. Known for its authentic cuisine and exceptional service, the restaurant boasts a strong reputation that has been cultivated over years of dedication. With a proven track record of success, this restaurant has consistently generated healthy revenue and profitability. A devoted clientele keeps returning for beloved signature dishes and the welcoming ambiance. With opportunities to expand catering services, implement online ordering, or enhance marketing efforts, it is well positioned for future growth. The current owner is committed to ensuring a smooth transition and is willing to stay on to assist the new owner in taking over operations, sharing valuable insights and established practices that contribute to the restaurant's success. This opportunity is perfect for investors from New York and New Jersey looking to diversify their portfolio in a flourishing market. The established brand and community presence offer a solid foundation for continued growth and profitability. For more details and to schedule a confidential, please contact us today! Liquor license is included in sale.

Other Property Details

Taxes
$10,848
Tax Frequency
Annually

Listings courtesy of Greater Scranton Board of REALTORS® as distributed by MLS GRID

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