Carrabba's Italian Grill

Interested in selling your Carrabba's Italian Grill NNN property or Carrabba's Italian Grill ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market Carrabba’s Italian Grill NNN property for sale or Carrabba’s Italian Grill ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Carrabba’s Italian Grill NNN property or the inclusion of a Carrabba’s Italian Grill ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Carrabba’s Italian Grill properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of January 2023, Carrabba’s Italian Grill has over 200 restaurants across various locations in the United States and select international markets.

Revenue and income

In 2022, Carrabba’s Italian Grill achieved total revenue of $700 million. The net income for the same period was $40 million.

Future plans

Carrabba’s Italian Grill is committed to expanding its presence further. In 2023, the company plans to open 30 new restaurants in strategic locations, catering to the growing demand for authentic Italian cuisine. Additionally, the restaurant chain is actively investing in digital technologies to enhance the dining experience for its customers.

Corporate vs. franchise

Around 60% of Carrabba’s Italian Grill restaurants are corporately owned and operated by the company itself, while approximately 40% operate under the franchise model. Franchisees typically pay the parent company an initial franchise fee and ongoing royalty fees.

Additional information Carrabba’s Italian Grill Properties

Carrabba’s Italian Grill originated in 1986 Houston, Texas, founded by Johnny Carrabba and Damian Mandola.
The restaurant is renowned for authentic Italian dishes, blending traditional flavours with a contemporary twist.
At Carrabba’s Italian Grill, patrons can indulge in a diverse menu showcasing artisanal pasta, delectable wood-fired pizzas, and a delightful array of carefully crafted dishes.
The warm and welcoming atmosphere and genuine hospitality make dining at Carrabba’s a delightful experience.
Carrabba’s Italian Grill is part of a larger restaurant group committed to serving high-quality Italian cuisine across various brands.

Carrabba’s Italian Grill History

Carrabba’s Italian Grill’s rich history dates back to 1986 when Johnny Carrabba and Damian Mandola opened the first restaurant in Houston, Texas. Inspired by their family’s cherished recipes and the authentic flavours of Italy, they crafted a menu that featured homemade pasta, wood-fired pizzas, and a delightful array of hand-prepared dishes. The restaurant’s warm ambience and dedication to exceptional hospitality quickly won diners’ hearts, leading to its expansion across various locations in the United States and select international markets.

Why Invest in Ground Lease and NNN Lease of Carrabba’s Italian Grill?

Investing in Carrabba’s Italian Grill’s ground lease and triple net (NNN) lease properties offer compelling reasons:

1) Carrabba’s Italian Grill NNN Property Investment: Stable income

With a well-regarded brand and a reputation for quality cuisine, Carrabba’s Italian Grill provides reliable income streams. Ground and NNN leases offer predictable cash flows over the long term.

2) Carrabba’s Italian Grill NNN Property Investment: Established tenant

The restaurant’s success and popularity reduce the risk of vacancy or lease default, ensuring a stable tenant for the property.

3) Carrabba’s Italian Grill NNN Property Investment: Low management responsibility

In-ground and NNN leases place property maintenance and expenses in the hands of the tenant, minimizing the landlord’s management obligations.

4) Carrabba’s Italian Grill NNN Property Investment: Favorable lease terms

Long lease terms with built-in rent escalations provide predictable income and potential rental growth.

5) Carrabba’s Italian Grill NNN Property Investment: Real estate value

Strategically located Carrabba’s Italian Grill restaurants in high-traffic areas can enhance property value, offering potential capital appreciation.

Pros and Cons of Carrabba’s Italian Grill Ground Lease and NNN Lease Investment

Pros:

1. Steady income from a well-regarded brand.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibilities for property owners.
4. Long lease terms ensure stability and potential income growth.

Cons:

1. Lease renewal risk when the term expires.
2. Dependency on Carrabba’s Italian Grill’s success and operational performance.
3. Market competition and economic factors can impact profitability.
4. Limited control over property-related decisions.
5. Real estate investments carry inherent market and economic risks.

Making well-informed decisions in real estate investments requires thorough due diligence, carefully considering factors such as location, lease terms, tenant strength, and alignment with your investment strategy, goals, and risk tolerance. Seeking guidance from experienced real estate professionals and financial advisors is crucial to ensure a successful and rewarding investment journey. Relying on their expertise can offer valuable insights, guide through potential challenges, and lead to making sound investment choices.