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Thriving Restaurant Business For Sale.

 

Lucca, Tuscany, Italy

Excellent reputation.

‘Osteria Da Pasquale’ is incredibly popular with locals and tourists alike and has built a consistent and enviable reputation for excellent food, service and value. Serving freshly prepared modern Tuscan and Mediterranean food, the restaurant currently ranks No.1 on Trip Advisor’s list of restaurants in Lucca, with a 5-Star rating across over 2,300 reviews. It has attained Trip Advisor’s Certificate of Excellence status each year since 2013, along with high ratings and awards from other leading food experts, and on social media.

No.1

listing on

Trip

Advisor

Trip Advisor 5-Star logo
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Torre Guinigi
Torre Guinigi

150m from restaurant

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Piazza San Michele
Piazza San Michele

100m from restaurant

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The Lucca Wall
The Lucca Wall

250m from restaurant

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Busy areas for locals and tourists in Lucca are within a very short walk of the restaurant

Central location.

Osteria Da Pasquale is located in the centre of Lucca, Tuscany; a historical city between Florence and Pisa, famous for its Renaissance walls, grand piazzas, charming paved streets and birthplace of operatic composer Giacomo Puccini. The affluent city and its periphery has a population in excess of 90,000 and is a very popular destination for travellers visiting Tuscany. Its regular annual tourist events include the ‘Summer Music Festival’ month which has hosted world-famous performers such as Rolling Stones and Elton John, the Puccini Festival and also ‘Lucca Comics’ - the world’s largest gaming event, attracting around 300,000 visitors.

The restaurant.

The privately owned restaurant is located in Via del Moro, in the very heart of Lucca's historical centre, a stone’s throw from all the busiest shopping streets, squares and local hotels. It is decorated in traditional Tuscan style with characterful exposed brickwork and stone features. The internal dining area of c60sqm caters for around 30 covers with a further 40+ covers possible outside (figures based on current Covid-19 social distancing restrictions). 

The restaurant currently operates only on one sitting across the evening session - six days a week. There is enormous scope to extend hours or sittings and turn more covers by opening at lunchtimes.

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Internal, External and Food Example photos

3x2 pasquale

The owner.

Pasquale Gubitosa is charming, erudite and passionate about his business, and his enthusiasm for providing high quality and customer satisfaction is clear. However, he has decided to sell this thriving restaurant to concentrate fully on developing his other non-competitive business interests.

Business Sale includes:

  • The trading name* in perpetuity - if required

  • Remainder of current lease to April 2023 

  • Lease renewal agreement and associated fees payable will be included

  • Full trading licenses with the local Comune

  • All restaurant, kitchen and exterior equipment, fixtures and fittings

The Price.

Ownership of business name, assets, lease and licences:  

*The rights to use the restaurant's trading name has been agreed to ensure the new owner receives all the advantages of its excellent reputation.

Payable in full with Sale Contract.

Buyer responsible for their own professional fees.

€ 195,000 euro

A unique

‘turn-key’ opportunity 

Phenomenal Reputation

Provisionally, as a goodwill gesture, Pasquale would be agreeable to providing personal hands-on assistance and support alongside the new owners during a transitional period to be agreed.

to acquire a restaurant with a 

For full details, inventory and financials please complete this short enquiry form

Alternatively contact Eddie Thomas on:

+44 (0)7596 507592 /

eddie.thomas@rarebreedconsulting.com 

or Steve Cole on: +44 (0)7774 705093

Please note; only English spoken on the telephone

All correspondence in Strict Confidence. Further information may be subject to an NDA

The information above is for guide purposes only. 

We acknowledge and respectfully thank Trip Advisor for the use of its imagery on this webpage.

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