Absentee and Profitable Established Italian Restaurant Chanute
Listing Number: 76931-600926
Listing Details
- Down Payment: $500,000
- Sales: $1,026,741
- Seller's Discretionary Earnings: $377,584
- Inventory: $20,000
- Furniture, Fixtures, and Equipment: $200,000
- Employees:
- Year Established:
- Reason for Selling: Other Business Ventures
Business Description
This represents an attractive opportunity to acquire an absentee-operated, nationally established Italian restaurant serving Chanute and the broader Southeast Kansas trade area. The restaurant offers a full-service dining experience built around traditional Italian cuisine, pizza, seafood, pasta, chicken, veal, appetizers, desserts, takeout, and delivery, giving the business the ability to serve families, professionals, groups, and convenience-oriented customers throughout multiple dayparts.
The location opened on January 28, 2026 and has already demonstrated meaningful customer demand. The available 2026 actual period of 2 month generated approximately $212,652 in Total Income and $69,487 in Net Income, while the financial model projects approximately $1,026,741 in full-year 2026 Total Income and approximately $377,584 in projected earnings. For a recently opened location, this level of early performance provides a strong foundation from which a new owner can continue building market penetration and repeat customer traffic.
The restaurant is operated under an absentee ownership model with an experienced General Manager, chef, and established staff responsible for day-to-day operations. Ownership focuses primarily on administrative responsibilities and financial oversight, providing a buyer with the ability to maintain a manager-run investment or become more hands-on to accelerate growth and improve operating efficiencies.
Chanute functions as a regional shopping, employment, healthcare, education, and service center for surrounding Southeast Kansas communities. That regional draw expands the restaurant's practical customer base beyond the city's resident population and creates opportunities for family dining, group meals, catering, takeout, and community-driven repeat business. With a broad menu, established operating team, strong early results, and opportunities to increase local marketing, catering, delivery, loyalty programs, and community outreach, this location presents a compelling acquisition opportunity with considerable room for continued development.