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Business For Sale

POPULAR ITALIAN RESTAURANT

Attn: Bob Koch
Westchester County, NY, USA
Listing Number: "328"
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Asking Price: $585,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Focus on other business & more time with family.
Year Established: 2002
# of Employees: 14 F/T, 13 P/T
Yearly Revenues: $1,100,000
Yearly Cash Flow: $125,000
Monthly Payroll: $29,000
 

Business for Sale Overview:

A widely renowned, successful, award-winning Italian restaurant, this is a well-managed, bustling operation, popular for business customers, families and groups of friends. Managed, hands-on by the owner/chef with a close-knit staff. Every detail is carefully overseen which allows for great customer service, terrific food and a charming, fun environment. Customers travel to come here!


Property Features and Assets:

Facilities: The comfortable dining room seats 70 with an additional 8 at the bar and a large warm weather patio seats an additional 120. 1,000 sq. ft. main dining area & bar, 1,000 sq.ft. patio, 800 sq.ft. kitchen, as well as a large private basement providing extensive storage along with a small office. Large, private parking lot. Furniture, Fixtures & Equipment: custom-built oak bar w/ 8 stools, Bev Air beer cooler & 2-door Bev Air wine cooler in bar, 2 Sony televisions, 80 wood chairs, 60 stack chairs, 40 tables, 2 ceiling fans, 4 chandeliers, 6 wall sconces, etched windows, patio canopy w/side walls, two 10-burner 2-door Garland stoves, pasta cooker, Fryolater, 6-drawer refrigerator w/butcher block top, 2-drawer refrigerator w/butcher block top, 3 Arctic Air reach-in freezers, 1 bench freezer, reach-in Fridge Air refrigerator, reach-in Fridge Air freezer, 2 walk-in boxes (12’x12’ and 8’x12’),One 6’x10’ walk-in beer refrigerator, Manitowic ice machine (400 lbs.), espresso/cappuccino machine, security camera system w/split screen monitoring, liquor storage room fully shelved, prep tables, numerous sauté pans, air conditioner, stereo system and washer & dryer enabling laundry to be done on premises for optimal quality control.


Market Competition and Expansion:

Competition: The business is in a terrific location, on a main thoroughfare with lots of traffic, as well as near main parkways. In addition, it's the only one of its kind in the area. Growth and Expansion: There is a vacant upstairs apartment that is part of this leased facility which can be renovated and turned into additional dining areas. (currently it is being used for storage).


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for 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.

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