An exceptional opportunity awaits in New York City with the offering of a distinguished ensemble of five Italian-inspired dining establishments. This portfolio represents a unique chance to own a slice of New York’s vibrant culinary scene, characterized by a blend of authentic Italian cuisine, a robust wine culture, and sustainable dining practices.
- Asking Price: $7.95 million, inclusive of $1.2 million in inventory, making this a comprehensive turnkey opportunity.
- Established Presence: With locations in some of New York Cities bustling neighborhoods and eclectic streets, these restaurants benefit from high foot traffic and a loyal customer base.
- Diverse Dining Experiences: From the cozy, garden-backed ambiance and intimate settings the lively atmosphere provides a more authentic resemblance of Italy's vibrant culture. Each location offers a unique dining experience that caters to a variety of customer preferences.
- Exceptional Wine Offerings: Each restaurant boasts an extensive selection of natural wines, with a special emphasis on sustainable and bio-dynamic practices, aligning with current market trends towards health and sustainability.
- Strong Financials: The group has demonstrated consistent revenue growth, with a current annual income of over $6.67 million and a net income of approximately $2.46 million.
- Skilled Management: Each location is overseen by seasoned management, ensuring smooth operations and high standards of service. The current management team is willing to stay on, providing continuity and stability post-acquisition.
- Sustainable Practices: Emphasizing a farm-to-table approach, the group sources high-quality, locally-produced ingredients, which enhances the dining experience and supports local producers.
- Growth Opportunities: The established brand and solid operational framework provide an excellent foundation for further expansion, whether through the introduction of new locations or the enhancement of existing ones.
- Market Trends: Positioned to capitalize on the growing trend towards natural wines and sustainable dining, this portfolio is well-aligned with consumer preferences, offering significant potential for enhanced profitability.
Strategic Acquisition: This offering is not just an acquisition of a restaurant group but an investment in a proven business model that has thrived in one of the world’s most competitive culinary capitals. The inclusion of rare wine inventory, valued at $1.2 million and appreciating annually, adds to the allure, making this a truly valuable investment.
Ideal for E2 Visa Applicants: Additionally, this opportunity is classified as an incredible E2 visa opportunity, providing an ideal pathway for international investors seeking to enter the U.S. market.
For investors seeking a venture that combines passion with profitability, this portfolio of 5 phenomenal locations, represents a golden opportunity to own a part of New York City’s esteemed dining culture with the potential for expansive growth and continued culinary excellence.