Description

Asset Sale — Essex County Italian Restaurant + Bakery Combo — Asking Price $1,799,000

Overview

This listing offers the assets only with the name — the business entity is not for sale. Positioned in a high‑traffic corridor with highway accessibility, this turnkey Italian restaurant with an attached Italian bakery is a rare opportunity for a culinary investor, restaurateur, or hospitality group.

Key Facts & Highlights

• Total space: ~3,500 sq ft (combined restaurant + bakery)

• Lease term remaining: 17 years

• Annual gross sales: ~ $1,200,000

• Monthly rent: $6,800

• Original build-out investment: $1,900,000

• Outdoor seating available (for both restaurant and bakery)

• Strong visibility and easy highway access

Concept & Brand — What It Offers

Italian Restaurant (Fanny’s / Italian Restaurant & Bar)

• Upscale-modern Italian cuisine with breadth and depth of classic red‑sauce and contemporary menu offerings.

• Full bar, curated wine list & craft cocktails.

• Full-service dinner operations; attractive to date-night, family, and group traffic.

Bakery + Bar / Café  

• Serves artisan pastries, desserts, café fare, brunch, craft coffee, and cocktails.

• Strong draw as dessert destination & café, complementing dinner traffic with daytime and late-night business. 

• Indoor and outdoor seating, bar and café ambiance. 

Together, the restaurant and bakery feed off each other: dinner crowds can extend into dessert and after‑dinner café; morning and midday café traffic supports overall location vitality.

Included Assets (Asset Sale)

• All kitchen equipment, ovens, refrigeration, hood systems, prep stations

• Bakery / pastry equipment (proofers, mixers, ovens, display cases)

• Bar infrastructure, refrigeration, draft lines, back bar, POS hardware

• Dining furnishings, outdoor furniture, umbrellas, lighting

• Interior finishes, leasehold improvements, fixtures, HVAC, plumbing, electrical

• POS / IT / sound & lighting / security systems

• Inventory of food, ingredients, smallwares, glassware, linens (subject to closing adjustment)

• Vendor lists, operational manuals, recipes (as transferable)

Strengths & Competitive Advantages

• Dual-concept synergy — restaurant + bakery under one roof broadens hours and revenue streams

• Long lease term remaining — provides stability and investment breathing room

• Below‑market rent relative to gross sales

• High original build-out — professionally constructed and well-finished

• Outdoor seating — a valuable amenity, especially in favorable seasons

• High visibility & easy access — highway proximity draws both local and pass-through customers

• Proven sales volume — $1.2M in grossing supports the valuation

Financial Metrics & Asking Price

• Asking price (assets only): $1,799,000

• No business entity is included — you acquire the operational assets, not liabilities or corporate structure

• Buyer to assume lease via landlord approval

• Due diligence: buyer may inspect all assets, maintenance records, warranties, and financial data

• Transition support: seller to assist in handoff of operations, vendor relationships, training & introduction

Don’t miss this opportunity to acquire a turn-key Italian restaurant + bakery combo with strong daytime, dinner, and dessert traffic — fully equipped and ready for immediate operations.