GRILLE 401 SOLD TO MONTE RESTAURANT GROUP

By Sussman Restaurant Brokerage on October 18, 2018 in Latest closed deals
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Fort Lauderdale, FL: Grille 401, located on Las Olas Blvd. in the heart of downtown
Fort Lauderdale, has been sold to Michele DiMeo and Gennaro DiMeo of the Monte
Restaurant Development as reported by Jeff Sussman of Sussman Restaurant
Brokerage whose Boca Raton firm brokered the transaction.

The new owners are planning an extensive renovation and will reopen as Tuscan
Prime, an Italian Chophouse. Manhas Design has been hired to design the
restaurant.

According to Sussman “Monte Restaurant Group brings to South Florida, years of
hands on operating experience”. They currently own and manage several restaurants
throughout Virginia and Maryland including Tuscan Kitchen in Annapolis, MD as well
Squisito Pizza & Pasta and Meatballs, a multi-unit fast casual brand.

In addition, the Group also owns and operates Carpaccio Tuscan Kitchen operating in
Annapolis, MD since spring of 2008. Throughout the past 10 years, this restaurant has
become a staple in the Annapolis community, known for not only having the best
authentic Tuscan Italian cuisine, but also for having the most exquisite outdoor dining
and wine menu in all of downtown. Carpaccio has been voted “Best Italian Food” by
What’s Up Magazine for eight years running, and “Best Italian” by The Capital Gazette
for the past nine years.

According to Michele DiMeo, “Tuscan Prime will take the authentic, award winning
Italian cuisine that Carpaccio has perfected and marry it with prime steaks and chops
and a masterfully crafted wine list”.

Tuscan Prime is expected to open in spring 2019.

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