A certain place is being marketed in a variety of forms, in pieces if you will. Maybe this is a piece of the following business? (I know exactly what this one below is.)

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Baltimore Inner Harbor/Little Italy Restaurant

Sales: Between $1 Million And $2.5 Million
Profits: Between $500 Thousand and $1 Million
Asking Price: Between $100 Thousand and $500 Thousand ($400,000)

A long established one with Italian/American/Mediterranean style dining facility , about 9000 square feet with 2 bars, 404 dining seats, private rooms with many attractive decorations. Newly renovated. Seller financing to qualified with $150,000 down payment.
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Restaurant/Lounge
Maryland (Baltimore City/County)
Asking Price $450,000 Inventory
Gross Income Not Disclosed
Year Established 2006 (not true)
FF&E N/A Employees 10

Just Reduced $100K. Beautifully appointed. Seller recently remodeled Italian Restaurant at cost of $360,000.00. Seating for 400 plus including Banquet Facilities. Property available. Employees payroll is $4,000 per week.

Facilities: Additional Bar. Street level with full Game Room. Separate Entrance. Rent- $10,000.00 per month. Lease expires 9/2010 with (1) 5 yr. Option.

Reason Selling: Seller relocating out of the Country (tee hee)

Della Note???

I was going to say Della Notte also because of size and the date. Della Notte has not been around for "ages" like the other Little Italy institutions.

I went back into our archives and looked, and it looks like DiVivo's became Della Notte in 1997. But, of course, they could have the date wrong. And I was just guessing Little Italy. It could be anywhere.

I TELL YOU WHICH ONE BECAUSE I WAS INTERESTED TO BUY IT LAST YEAR...........ITS FORMER LUIGI PETTI AND PETALO'S

OOOHHH... I KNOW!!! But Due to a non-discosure agreement I can't tell that it's "V..........s" ould it be "V.........s?" You have a 50/50 chance of getting it right!

BTW my verification letter was "v!"

On Owl Meat Jerky's posting, I think Anonymous is probably right, but I'm not 100% becuase they didn't mention the outdoor seating. For as long as I've been in Baltimore, the outdoor seating was the biggest reason to go to that restaurant, whatever name is working under. As for the "Street level bar with full game room" is that "Lucky Luigi's" next door? And the craigslist ad? That's not nearly enough info.

Luigi Petti's opened in 1990.

My place is so not Luigi Petti's or Della Notte's, although I have seen that DN's square footage is the same as my place. The most important thing about decipering real estate descriptions is that the truth is not at all important. Moving to another country = losing money. Profitable = losing money. Street level = dungeon. Opened in 1996 = opened in 2006 = opened in 1937. Profits of 500,000 to 1,000,000 = catatstrophic losses.

Why oh why would someone want to sell a gold mine? Right, because their wife wants to plant tulips in Albania.

"V" is not just for vendetta.

Luiggi Petti's tiny bar was plenty utlilized. The other one (with 56 seats), well, an acquaintance said that he made $8 bartending there on New Year's Eve from one guy who left by 9:30 PM. Now that in the real estate trade is what we call a bar with POTENTIAL! I can see why the owner wants to move to another country.

I just realized that my first listing says that the net profit is 40-50% of sales. Sweet fancy Moses! They must have forgotten to list the magical unicorns and flying monkeys that live there. I would totally snap that up, but my girlfriend is an alien supermodel and we travel through the Stargate a lot.

Luigi Petti's is clearly for sale, as it's vacant and has a big old for sale sign on it. I'm guessing the previous commentor thinks it's Vellegia's, although they've been around much longer than '96, with new owners for only a couple of years or so. I think they're thinking condos in the long term, but maybe are trying to unload-I'm not sure. In other Little Italy news, Mama Cellina's is finally getting rehabbed-the worker out front said restaurant, but I don't know more. Last I heard, Angelos owned that building but I think he sold it.

Okay, Owl Meat - you've convinced me to use my entire tax refund to enter the exciting world of restaurant work with its endless hours of stress appeasing demanding consumers (sorry - customers) not unlike me. My real estate agent will begin getting the papers together on Monday! And I shall dedicate a table to Robert-the-Single-One; it will be located next to the cozy fireplace that is surrounded by enthralling literature filling the bookshelves that I will install to give the eatery that very special homey touch.

Petalo's (formerly Luiggi Petti's) is also for sale and quite publicly. The reason for secrecy and non-disclosure agreements is that the business is still operating. I think that some of the wrong dates are to obscure the name of the place for casual viewers. If it said that it was founded in 1937, then everyone would know exactly where it was. It's a game.

The two notices I copied were originally posted in May 2006 just as Petalo's was opening.

Has it ever struck anyone as odd that Luiggi Petti's and Petit Louis are the same name in different languages?

You go Rob! You what they say... The best way to make a small fortune in the restaurant business is to start with a large one.

I think this all may be a moot point if you are talking about Velleggia's on Pratt St. The owners just had a judgement against them for $650,000 from their mortgage company. I'm no expert, but that sounds like a death blow. It's all public information on the Maryland Case Search web site. No condos, no pasta, no soup for you!

http://casesearch.courts.state.md.us/

Case number 24C07008485
United States Investments And Mortgage Corp vs. Coffman, Terry
BALTIMORE CITY
ENTERED $656163.23
11/16/2007

Thank you Rob, I am much honoured. I just wish my table were there at the moment. Book and I can't decide where to dine this evening and nothing likely to be available excites. Perhaps waffles or cereal (well I am a Y chromosome.)

owl meat jerky what a heck you talking about Luigi Petti and Petit Louis have nothing simular in the name, Petit in Italian means Piccolo( short, small...) Petti its just a last name

"The best way to make a small fortune in the restaurant business is to start with a large one."

Not too long ago, the small fortune/large fortune quip was routinely made about the oil industry. Now that reference seems a little...ummm....dated, much like stacked foods, foams and sun dried tomatoes.

Oops, I guess I was too busy reading my tired quips book to learn Italian. Very lazy of me. Cool name, Anonymouse.

How about a top ten most dated food things? And it can't just be the menu from California Pizza Kitchen. Or top ten worst food ideas/trends/fads.

Worst food idea/trend/fad is easy: tofu. Spots 1 - 5 . 6 goes to tufurkey.

Tofu is the devil! It tastes like donkey and its health value is a total fraud. Humans should never eat unfermented soy. When I see people eating edamami I want to snatch it away from them and force feed them some kobe beef. Discuss.

Here's a good site regarding the dangers, yes dangers, of soy. Don't let the mega-corporations cram this garbage down our throats. SOYLENT GREEN IS PEOPLE!!! IT'S PEOPLE!!!!!!

Archer-Daniels-Midland is not Aunt Bee!!!! Opie Cunningham does not have a beautiful mind! Question everything, you damned dirty apes!!

Seriously, soy is bad. Soya no es bueno.

Plus, Owl Meat Gravy (Gravy???) might have added that most soy sold in this country is genetically modified, from what I have read. Can anyone confirm this?

Is this Owl Meat's evil twin?

Owl meat, did you change you name to protect the innocent?

Don't you just hate being the same food every day? I'll stay Owl Meaty so people know who I am.

Yes, soy is very Franken-foody. I've also read that it requires monstrous amounts of pesticides. See articles here or here. (I just learned how to make links.)

Its too lovely for words. Thanks to Mr. Owl Meat Gravy we learn that tofu, the keystone of the vegan/vegetarian cuisine is the result of genetically engineered soy. You cannot write stuff that funny. Thank you Mr. Gravy, I will chortle over this for months to come. You cannot make up materials that is funnier than reality.

My mad html skillz is just angry I suppose. Here's the links that I tried to post above:

http://www.mercola.com/article/soy/avoid_soy.htm

http://www.westonaprice.org/mythstruths/mtsoy.html

Sometimes the truth is painful. Like when I realized that Santa is just Satan rearranged. Plus all that tofu contains phyto-estrogen, which explains why there are no vegan Ulitmate Fighting champions! Yeah, you just got the people's elbow in your eye! Welcome to my octagon of isoflavones!!!!

Back to the Big V. The place was going downhill before the family sold. Massive cuts in inventory and employees, then the new owners came in with no plan. The old "How hard can running a restaurant be?" syndrome. Well, it's hard to begin with, but throw in crappy food and you put yourself in a big hole.

Whoa, Buca! Tell us what you really think. That just sounds like bitter ex-employee ranting. After all, Velleggia's is an insanely proftable, yet completely empty, "beloved culinary institution", much like the Escoffier Home for the Criminally Unsauced in Epernay. See what I did there?

Lies will curdle your bernaise!!! Repent and blog with purity. That's what Lance Armstrong would do. I have a rubber bracelet that says so..

I think some animals can smell water.

Owl, am I bitter? No. Rejoicing in Schadenfreude? ABSOLUTELY!!!