Owner Financing is Available
Business Overview:
This Attractive, Casual Dinning Italian Restaurant has a Full Bar and a “Great Location” just blocks away from a "Mega Mall" in Western Suffolk County. The Restaurant is approximately 1,900 square feet with a ½ Basement, Private Parking Lot, Full Kitchen, “Separate Dinning Room” and a “Separate Bar Area.” Although it is not a Pizzeria per say, it does have Pizza Ovens and does serve pizza in its dinning room. The current Owner has been at this location for over 25 years and operates the business virtually “Absentee.” He feels that an experienced, ”Hands on Owner” should easily net over $135,000 per year by working the business. This location is suitable for any type of Small Restaurant or Pub Venue. Financing may be available to experienced operator with a minimum of 60% down. The Lease is 10-yrs with a 5-yr option with a monthly Rent of $4,500 (includes Taxes).
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Free Standing Building with private parking lot. The Restaurant is 1,900 square feet with a 56 seat dinning room and a separate Bar room with seating for 14 at tables, plus a 1/2 square feet basement. It is located just blocks away from a "Mega Mall" in Western Suffolk County.
Market Competition and Expansion:
The current owner operates the business virtually “Absentee,” so there is plenty of room for growth.
Reason for Selling:
After 27 yrs the seller has other interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.