Carmine's

What Carmine's does

Carmine's is a privately held family-style Italian restaurant chain founded on August 14, 1990 by restaurateur Artie Cutler, and currently operates under Alicart Restaurant Group. As of the input data, the company runs six owned locations across the United States and the Bahamas: Upper West Side Manhattan, Times Square, Atlantic City (Havana Tower of the Tropicana), Washington D.C. (Penn Quarter), Las Vegas (Forum Shops at Caesars Palace), and Atlantis, Paradise Island in the Bahamas. The chain serves family-style Southern Italian cuisine with oversized portions designed for sharing, anchored by signature dishes and a recipe library developed over three decades. Core offerings include dine-in restaurant service, off-site catering for 10 to 2,000+ guests, a private events business organized around named rooms (Sinatra Room at 5,000 sq ft / 230 seated; Jimmy Durante Room at 200 seated), and a direct-to-consumer retail line selling signature sauces (Marinara, Tomato Basil, Vodka, Fra Diavolo) plus gift cards and cookbooks. The company's underlying technology stack consists of Toast point-of-sale and restaurant management software (used to handle 3,000+ daily diners during peak periods at Times Square) and OLO.com for online ordering across all US locations, supplemented by reservation management and a content/email marketing infrastructure.

Carmine's primary customer segments are tourists and Broadway theater-goers (especially around Times Square), corporate and business event clients, families and large groups celebrating occasions, and political/government clients at the D.C. location. Customer concentration is anchored on repeat enterprise event relationships such as Columbia University's commencement catering and D.C. political fundraiser business. The chain positions itself through a single, durable differentiator - generous shareable portions evoking an 'Italian American wedding feast' - backed by 30+ years of brand equity and an 'A-lister' reputation cultivated through features in Condé Nast Traveler, the New York Times, Town & Country, and the Travel Channel. The Times Square location regularly serves 3,000+ diners daily during peak holiday periods, and the company estimates it serves over one million guests annually across its footprint.

Revenue mechanics flow through three streams: high-volume dine-in restaurant sales with pay-as-you-go unit pricing on family-style platters (e.g., the shareable 'Titanic' sundae at $28.95), event-driven catering packages sold on a per-event basis, and direct retail sales of sauce jars, gift cards, and cookbooks. The company is private with no disclosed funding rounds, no venture or private equity capital indicated, and no public ticker. Alicart Restaurant Group also operates a sister concept, Virgil's Real BBQ, but Carmine's is the marquee brand within the portfolio.

Name

Carmine's

Legal name

Carmine's Broadway Feast, Inc.

Website

https://carminesnyc.com

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

251–500 employees

Short description

Carmine's is a privately held family-style Italian restaurant chain, founded in 1990 and owned by Alicart Restaurant Group, operating six locations in major US tourist hubs plus the Bahamas and serving dine-in, catering, and event customers with shareable Southern Italian cuisine.

Ownership category

akta.pro rank

Product category

Family-Style Italian Restaurants

NAICS

Full-Service Restaurants (722511), Caterers (722320)

SIC

Retail-Eating & Drinking Places (5810)

akta.pro primary industry

Family-Style Restaurants (THAFACAC)

akta.pro secondary industries

Hotel & Resort Restaurants (THAFACAH), Special Occasion & Destination Restaurants (THAFACAK)

Keywords

• Family-style Italian dining
• Italian restaurant chain
• Event catering services
• Private dining events
• Italian sauces retail

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Dine-In Restaurant Sales: Core revenue from sit-down dining at 6 restaurant locations. Family-style Italian cuisine with generous portions. Strong tourist traffic especially near Times Square and pre-theater dining.
2. Catering Services: Off-site catering delivering food trays and full-service catering with professional staff, setup, rentals, linens, and décor. Serving parties from 10 to over 2,000 guests across all locations.
3. Retail Sauce Sales: Selling signature sauces (Marinara, Vodka, Tomato Basil, Fra Diavolo) in 32oz jars for at-home use. Sold through website store locator, online ordering, and direct sales.
4. Gift Cards and Merchandise: Gift cards sold through website. Cookbooks available for purchase including 'Carmine's Family Style Cookbook' and 'Carmine's Celebrates Classic Italian Recipes'.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Carmine's operates family-style Italian restaurants serving Southern Italian cuisine with oversized shareable portions across six owned locations in major U.S. tourist and business markets and the Bahamas. Beyond dine-in service, the company provides full-service off-premise catering for events of 10 to 2,000+ guests, dedicated private event spaces (including the 5,000 sq ft Sinatra Room), and retail sales of signature sauces (Marinara, Vodka, Tomato Basil, Fra Diavolo), gift cards, and cookbooks.

Differentiator

Problem solved

Functional benefit

Brands

• Carmine's Original Sauces: A line of jarred sauces including Marinara, Tomato Basil, Vodka, and Fra Diavolo sauces sold for retail.

Products and services

• Family-Style Italian Restaurant Dining Sit-down family-style Italian dining at six owned locations in Times Square NYC, Upper West Side NYC, Atlantic City NJ, Washington D.C., Las Vegas NV, and Atlantis Bahamas. Features Southern Italian cuisine with oversized shareable portions designed for groups of four to six or more.
• Off-Site Catering Services Full-service off-premise catering delivering Italian food trays and complete event service with professional staff, setup, rentals, linens, and décor. Serves events from 10 to over 2,000 guests across all location markets including Tri-state area, South Jersey, DMV area, and Vegas Valley.
• The Sinatra Room Private Event Space A 5,000-square-foot private event space at Carmine's Times Square, accommodating 230 seated or 275 standing guests, with natural light, two full-service bars, and a cocktail reception area. Suitable for corporate parties, weddings, fundraisers, and meetings.
• Carmine's Original Sauces (Retail) Signature Italian sauces sold in 32oz jars for at-home use, available in four varieties: Marinara, Vodka, Tomato Basil, and Fra Diavolo, made from 100% Italian Plum tomatoes using recipes developed over 30+ years. Sold through the website, store locator, and online ordering.
• Gift Cards Carmine's gift cards available for purchase through the website, usable at restaurant locations for dining, catering, and private events.
• Carmine's Family Style Cookbook Carmine's Family Style Cookbook and 'Carmine's Celebrates Classic Italian Recipes' cookbook available for purchase, featuring the restaurant's signature recipes.

Quantifiable outcome

• Handles over 3,000 diners daily during peak holiday periods
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• ToastcoreTechnology or IntegrationToast provides restaurant technology including POS systems and management software. Carmine's credits Toast's technology for helping manage high-volume operations - handling more than 3,000 diners daily during peak holiday periods. Toast featured Carmine's as a success case study for handling restaurant scale while maintaining hospitality.

Scale indicators5 records

Recent moves13 records

Expansion highlights5 records

Direct peers

• Buca di Beppo: Family-style Italian restaurant chain built around oversized shareable portions and group dining; closely analogous business model and target use case to Carmine's.
• Maggiano's Little Italy: Family-style Italian restaurant chain owned by Brinker International serving large shareable Southern Italian portions for groups; directly comparable to Carmine's in cuisine, format, and group-oriented value positioning.
• Carbone: Major Food Group's flagship Italian-American restaurant in NYC serving shareable red-sauce classics to celebrity clientele; analogous on cuisine, status positioning, and Italian dining in NYC.
• Patrizia's: Family-style Italian restaurant with NYC-area locations serving large shareable Southern Italian meals for groups; comparable in format, cuisine, and target guest.
• Tony's Di Napoli: Iconic Upper East Side family-style Italian restaurant serving large portions of Southern Italian cuisine to Broadway and tourist traffic; directly comparable in NYC theater-district positioning and family-style format.
• Il Mulino: Upscale Italian restaurant group with NYC roots and multiple domestic locations serving special-occasion Italian dining; comparable on cuisine, occasion positioning, and multi-city footprint.

Others

• The Palm: Multi-city legacy steakhouse institution with comparable celebrity, fundraising, and corporate-event clientele; adjacent category but similar occasion-driven NYC institution model and multi-unit footprint.

Broad incumbents

• Olive Garden: Darden-owned Italian casual dining chain, the largest US operator in the category; broad incumbent with overlapping Italian value positioning but standardized chain experience versus Carmine's destination brand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/carminesnyc
• Facebookfacebook.com/carmines
• Instagraminstagram.com/carminesnyc
• TikToktiktok.com/@carminesnyc
• Xx.com/carminesnyc
• LinkedInlinkedin.com/company/carmine-s-nyc-family-style-italian

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Carmine's