businesses for sale


Italian Restaurant, Fine Dining for sale

Location: North Midland, Texas

Category: Restaurants for sale

Asking price: $3,500,000.00

Description of the business for sale
Northern Italian Continental Restaurant, Fine Dining, Wine & Beer Permit & Real Estate All For Sale for $3,500,000. A very well established family owned restaurant offering Northern Italian Cuisine, homemade desserts (on premise pastry chef), fresh seafood dishes & the largest wine list in West Texas. This upscale restaurant offers menu items priced from $14.00-$38.95 includes 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 from $22.95 to $600.00. Customers dine on oak shaded patios or inside near the Italian style fireplace. Below the octagonal shaped roof, 14ft ceilings enclose beautiful plants, columns, Tuscan style motifs & the feeling of a fountain centered piazza. April to November the main northeast patio is open for outdoor dining. Reservations recommended often months in advance for weekends, large & small special events including 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. There are 3 inside dining areas, wine room, 2 patios, 2 service rooms, office, kitchen, rotisserie, pizza oven, 2 storage rooms, garage & 4 bathrooms. Real Estate is valued at approx. $2,000,000. Call now for more information.

Support / Training provided by seller
Owners offer consulting services to enthusiastic new Owner. Many areas of the building & business can be expanded, & not necessarily as a restaurant. People have been interested in the property as a furniture store, & even as a home! Room for expanding parking or building to south of the restaurant. Part of building could be used as a wine & tasting shoppe, cigar room, or a totally sequestered banquet room. the original part of the building, also has its own entrance & an entrance to the northwest oak laden patio. Midlander's love to eat out a lot, so there is some expected competition from other types of restaurants. Reasons for selling:Health Reasons.Trading hours:Dinner:Monday-Friday 5:00pm to 10:15pm, Saturday 5:00pm to 10:30pm, Lunch: Tuesday-Friday 11:00am to 1:45

Description of the facilities
Centrally located 7000sq.ft facility in North Midland, West Texas in a busy shopping plaza with upscale stores selling furniture, clothing, jewelry, plus a day spa, hair salon & many more. Population 101,000. Restaurant is a free standing building, built in 1959 as a plant nursery & surrounded by Live, Burr Oaks & Pecan Trees. This prestigious area hosts another upscale shopping center, community theater, private schools, & tennis club. Midland is home to country clubs with golf courses, a college, Polo club, Rockhounds Baseball, 500 churches, 2 hospital campuses and Midland International Airport. 20 miles west of Midland is Odessa, a population 110,000. What better place to raise a family in a community that offers so much!

  • By phone: 321-452-3462
  • Ask for: Jim Baker

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Business details

Matchmaker Business
Merritt Island, FL
Broker Co-op? contact us

Listing Id: 82760
Reference Id: mb829
Year established: 1988
Employees: 36

Asking Price: $3,500,000.00
Revenue: $1,400,000.00
Annual Net: $195,000.00
Down Payment: Call/Email

Business Type:
Non Relocatable Business

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businesses for sale