Il Terrazzo Carmine

What Il Terrazzo Carmine does

Il Terrazzo Carmine is a privately held, single-location Italian fine dining restaurant located at Merrill Place, 411 1st Ave S in downtown Seattle, Washington. The restaurant operates lunch Monday through Friday from 11:30am to 3:00pm and dinner Monday through Saturday from 5:00pm to 10:00pm, serving a primarily individual fine dining clientele seeking upscale Italian cuisine, an extensive wine list, and a refined downtown ambiance. In addition to core à la carte service, the venue offers a differentiated private events program across three dedicated spaces — The Private Room (up to 25 guests), Bar Sosta (20-60 guests), and Patio (up to 40 guests) — supporting weddings, corporate gatherings, birthdays, and baby showers with customized menus and event coordination.

The business generates revenue through three primary streams: dine-in food and beverage sales during lunch and dinner service, private event hosting with customized menus and event coordination, and wine and beverage sales (including a BYOB corkage policy priced at $35 for the first bottle and $45 for the second, capped at 1500ml). Pricing is not publicly disclosed on the menu, but ancillary services include a $15 flat-fee valet during lunch and complimentary 4-hour dinner valet with validation. Reservations are managed through OpenTable, the proprietary website, and direct phone or email contact, while private events are booked via a dedicated inquiry form and the [email protected] channel. The contact email domain (carminesignaturegroup.com) indicates association with a broader signature restaurant group, though no parent company, funding history, or additional locations are disclosed in available data. The technology stack is minimal — a WordPress website, PDF-hosted menus, and standard reservation and gift card integrations — and the business employs 11-50 staff, consistent with a mid-sized independent fine dining operation.

Name

Il Terrazzo Carmine

Legal name

Il Terrazzo Carmine

Website

https://ilterrazzocarmine.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Il Terrazzo Carmine is a single-location Italian fine dining restaurant in downtown Seattle offering lunch, dinner, and three private event venues (up to 60 guests) for weddings, corporate events, and celebrations, with a curated wine and cocktail program.

Ownership category

akta.pro rank

Product category

Italian Fine Dining Restaurant

NAICS

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

SIC

Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)

akta.pro primary industry

Fine Dining Restaurants (THAFACAA)

akta.pro secondary industry

Ethnic & Regional Cuisine Restaurants (THAFACAD)

Keywords

• Italian fine dining
• Restaurant lunch dinner
• Private event hosting
• Wine and cocktails
• Valet parking service

Headquarters

HQ city

Seattle

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Dine-in Restaurant Service: Traditional Italian fine dining restaurant offering lunch and dinner service. Revenue generated from food and beverage sales during service hours.
2. Private Event Catering: Private dining room rentals for events including weddings, corporate gatherings, and celebrations. Menu consultations and customized culinary offerings.
3. Wine and Beverage Sales: Wine list with exceptional and rare selections, cocktails, and beer. Also permits guests to bring their own wine with corkage fees.

Pricing tiers

Distribution channels3 records

Marketing channels3 records

Core offering

Il Terrazzo Carmine is a single-location Italian fine dining restaurant in downtown Seattle offering prix-fixe lunch Monday-Friday, dinner Monday-Saturday, and three private event spaces (The Private Room, Bar Sosta, and Patio). The restaurant sells a curated wine and cocktail program alongside food service and permits guests to bring up to two bottles of their own wine (max 1500ml) under a tiered corkage policy.

Product overview

Il Terrazzo Carmine is a single-location Italian restaurant in Seattle offering dine-in lunch and dinner service, private event hosting across three dedicated spaces (The Private Room, Bar Sosta, and Patio), and curated wine and cocktail programs. The restaurant does not operate a technology product platform but provides PDF-based menu access and OpenTable-integrated reservation booking for customer convenience.

Differentiator

Problem solved

Functional benefit

Products and services

• Lunch Service Prix-fixe Italian lunch service offered Monday through Friday from 11:30am to 3:00pm (valet parking available 11:00am-3:00pm at $15 flat). Designed for business lunches and midday diners seeking refined Italian cuisine in downtown Seattle.
• Dinner Service Italian fine dining dinner service offered Monday through Saturday from 5:00pm to 10:00pm, with complimentary four-hour valet parking provided with dining validation. Targets discerning diners seeking an upscale Italian dining experience.
• Private Event Hosting Private dining event hosting across three on-site venues - The Private Room (up to 25 guests), Bar Sosta (20-60 guests), and the Patio (up to 40 guests) - for weddings, corporate gatherings, birthday parties, and celebrations. Includes customizable menu consultations, floor plan design, table settings, and recommendations for floral arrangements and music.
• Wine and Beverage Program Curated wine list with exceptional and rare selections, signature cocktails, and beer offerings. Permits guests to bring their own wine (max two bottles, 1500ml total) under a tiered corkage fee of $35 for the first bottle and $45 for the second, provided the wine and vintage is not already on the restaurant's wine list.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Buca di Beppo: Italian-American chain with strong private-event and family-style positioning that targets the same special-occasion and group-event use cases as Il Terrazzo Carmine at a broader geographic scale.
• Maggiano's Little Italy: Nationwide Italian-American restaurant chain known for family-style dining, banquet/event programming, and a comparable multi-occasion positioning to Il Terrazzo Carmine's private event business.
• Il Fornaio: National Italian fine dining bakery-restaurant chain offering a comparable Italian dinner experience and extensive wine program as a multi-unit operator in the broader Italian casual-fine segment.
• Carmines (NYC): Iconic NYC Italian family-style restaurant group with strong private-event programming — highly comparable operating playbook given the shared "Carmine" branding and similar Italian celebratory-event positioning.

Direct peers

• Daniel's Broiler: Seattle fine dining steakhouse offering lunch and dinner service, valet parking, and extensive wine list — directly comparable Seattle fine dining peer competing for similar corporate lunch and dinner clientele.
• Wild Ginger: Downtown Seattle upscale Asian-fusion restaurant with comparable dinner service, cocktail and wine program, and event-host positioning — a fine dining Seattle peer competing for the same corporate and special-occasion diner.
• Canlis: Seattle's landmark fine dining destination — a comparable high-end dinner-only restaurant competing for the same corporate entertaining, special-occasion, and city-patron market despite non-Italian cuisine.
• Palomino Restaurant: Upscale Italian restaurant located in downtown Seattle with a comparable menu pricing tier, extensive wine list, and lunch/dinner service model directly competing for the same downtown business diner.
• The Pink Door: Iconic Italian fine dining venue in Seattle's Post Alley that competes for the same Post Alley/Pike Place downtown tourist and event market with classic Italian cuisine, live entertainment, and private event hosting.
• The Metropolitan Grill: Long-established Seattle fine dining steakhouse in the downtown financial district — directly comparable on dinner service, premium pricing, wine program, and a high-end downtown Seattle event-host customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ilterrazzo
• Facebookfacebook.com/ilterrazzocarmine
• LinkedInlinkedin.com/company/il-terrazzo-carmine

Revenue estimate

Valuation estimate

Number of profiles

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 Il Terrazzo Carmine