Capones Restaurant

What Capones Restaurant does

Capone's Restaurant and Lounge is a privately held, family-owned Italian-American restaurant operating a single location at 147 Summit Street in Peabody, Massachusetts, approximately 20 minutes north of Boston. The business serves the North Shore communities of Peabody, Beverly, Malden, Danvers, Lynn, Lynnfield, Salem, and Essex. The restaurant draws on three generations of family restaurant experience and a recipe library that has been unchanged for over 30 years, anchored by signature dishes such as Classic Chicken/Eggplant Parmigiana, Lasagna Bolognese, Burrata Parm, and Chicken Al Capone. A la carte menu prices range from $7.95 for appetizers to $31.95 for seafood entrees, with a Thursday throwback Chicken Parm special at $14.95.

The core offering is a full-service dining room paired with a 21+ lounge featuring two bars and two dance floors, supported by live band performances Thursday through Saturday nights. Two rentable function rooms accommodate 25-75 guests and host private events such as birthdays, weddings, anniversaries, graduations, and baby showers, with buffet packages priced $23.95-$33.95 per person and a $150 room fee. Kitchen hours run Tuesday-Wednesday 4-8pm and Thursday-Saturday 4-9pm, with the lounge extending to 12:30am on band nights. Off-premise revenue comes from catering party platters (full trays $90-$140) listed on the ezCater marketplace plus direct phone orders, and gift cards sold in $25-$300 denominations.

The technology stack is non-proprietary and SaaS-based: ChowNow for online take-out and delivery ordering, ezCater for catering distribution, Turntable Tickets for lounge reservation management, Loyaltypath for customer rewards, and Cloudflare for website security. The company employs approximately 15 staff, has no disclosed funding or institutional investment, and generates revenue through multiple parallel streams — dine-in food and beverage sales, take-out/delivery, function room bookings, catering, and gift cards — with a horizontal customer base of individual consumers and SMB event hosts rather than enterprise accounts.

Name

Capones Restaurant

Legal name

Capone's Restaurant and Lounge

Website

https://caponesdining.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Capone's Restaurant and Lounge is a family-owned, single-location Italian-American restaurant in Peabody, Massachusetts, serving the North Shore Boston market with dine-in service, live music entertainment, private function rooms, off-premise catering, and gift cards.

Ownership category

akta.pro rank

Product category

Italian Restaurant and Lounge

NAICS

Full-Service Restaurants (722511), Drinking Places (Alcoholic Beverages) (7224)

SIC

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

akta.pro primary industry

Supper Clubs & Dinner-Theater Restaurants (THAFACAL)

akta.pro secondary industries

Special Occasion & Destination Restaurants (THAFACAK), Family-Style Restaurants (THAFACAC), Venue & Banquet Hall Catering (THAFAIAC)

Keywords

• Italian restaurant dining
• Live music venue
• Private event catering
• Family-style dining
• Off-premise catering

Headquarters

HQ city

Peabody

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Dine-in Food and Beverage Sales: Full-service restaurant revenue from dining room and lounge with traditional table service. Includes alcoholic beverages, appetizers, entrees, and desserts. Live music on weekends with cover charge.
2. Take-out and Delivery: Online ordering through Chownow platform for take-out and delivery. Kitchen hours Tuesday-Saturday evening.
3. Private Event Hosting: Function room rentals for private events (birthdays, weddings, anniversaries, graduations). Includes dinner buffet packages ranging from $23.95-$33.95 per person and cocktail party catering. Two function rooms holding 25-75 people.
4. Catering and Party Platters: Off-premise catering with full trays, half trays, and quarter trays of Italian dishes. Delivered via ezCater marketplace or direct phone orders. Requires 24-hour advance notice.
5. Gift Card Sales: Gift cards sold in denominations from $25 to $300, available for purchase online or in-person.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Capone's Restaurant and Lounge is a family-owned Italian-American restaurant in Peabody, Massachusetts, offering full-service dine-in dining with a menu of family recipes cooked to order, including appetizers, pasta, parmigiana, and seafood. The venue combines traditional Italian dining with a live music lounge featuring two bars, two dance floors, and weekend band performances, plus two private function rooms accommodating 25-75 guests for events such as birthdays, weddings, anniversaries, and corporate gatherings. Additional offerings include take-out and delivery via ChowNow, off-premise catering and party platters via ezCater, gift cards in denominations from $25 to $300, and a customer loyalty rewards program.

Product overview

Capone's Restaurant and Lounge is a family-owned Italian-American dining establishment offering a single-location, full-service restaurant experience. The core offering centers on the dining room (family recipes cooked to order including classic Italian dishes like parmigiana, lasagna, and seafood) paired with a lounge featuring live music entertainment on weekends. Supporting products include private function room rentals for events up to 75 guests, online ordering and catering via third-party platforms, gift cards, and a loyalty rewards program. Three generations of restaurant experience inform the operation, with live music and entertainment differentiating the venue from typical restaurants.

Differentiator

Problem solved

Functional benefit

Products and services

• Dining Room Service

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Partnerships

Two partnerships are on record, tiered minor and core.

• ezCaterminorChannel Partner/ Reseller/ DistributorThird-party catering marketplace listing for party platter orders and delivery. Provides online presence for catering customers to browse menu and place orders.
• Local Bands and MusicianscoreStrategic or Co-development PartnerOngoing partnerships with local cover bands and musicians performing Friday and Saturday nights. Bands include MSF Band, Toast, Lisa Love, Slush Puppies, Mojo Slim, Wildfire, Spike the Punch, The Far, Downtown Rhythm, Funbucket, Boston City Rhythm, 80s Reunion, Richie Rich and 24 Karat Funk, and The Radio. Long-term support of live music culture.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bertucci's: New England-based Italian casual dining chain specializing in brick-oven pizza and pasta. Comparable to Capone's as a regional Italian full-service competitor serving the same North Shore/Massachusetts customer base.
• Maggiano's Little Italy: Italian-American full-service restaurant chain focused on family-style dining and private event/banquet hosting. Closely comparable to Capone's on menu style, family-style portions, and dedicated banquet/event room revenue.
• Buca di Beppo: Italian family-style restaurant with semi-private dining rooms for celebrations and large groups. Directly comparable to Capone's on family-style Italian menu and event/private party hosting business.
• Il Fornaio: Italian full-service restaurant group with traditional menu and private dining/event offerings. Comparable on full-service Italian dining model and banquet-style event hosting.
• Tuscan Kitchen: Italian full-service restaurant concept with private dining and catering. Comparable to Capone's on traditional Italian menu positioning and event-driven revenue mix.
• Davio's: Italian-inspired full-service restaurant group in the Boston area with strong private events and catering programs. Comparable to Capone's on Italian menu, North Shore/Boston region, and private event hosting.

Regional players

• Legal Sea Foods: Long-standing New England full-service restaurant chain with bar/lounge, private dining, and catering. Comparable as a regional full-service restaurant peer in the same Massachusetts market with similar multi-revenue model.
• Not Your Average Joe's: New England-based casual full-service restaurant chain with broad American menu and bar program. Comparable as a regional mid-market full-service competitor in the same North Shore geographic footprint.

Others

• The Capital Grille: Upscale full-service steakhouse chain with strong private dining and gift card programs. Comparable on event hosting, gift card distribution, and full-service hospitality operations, though not Italian.

Broad incumbents

• Olive Garden: Large national Italian casual dining chain (Darden). Represents the broad-incumbent competitive set for Italian full-service family-style dining, with overlapping target customers and pricing tier.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/caponespeabody
• LinkedInlinkedin.com/company/capones-restaurant

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 Capones Restaurant