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Business For Sale

Undervalued Italian Restaurant Grossing$1.8Million

Nassau County, NY, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$350,000
$1,800,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
120617750

Business for Sale Overview:

Restaurant Grosses $35,000 per week. Sales are 65% food, 35% liquor. There are 135 seats in two rooms. This restaurant needs nothing and is a steal at this price. After 26 profitable years the owner is forced to retire due to health reasons.

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:

3,000 plus Square Feet. Full basement. Lease is $8,300 per month including taxes. 5 years left on the lease.

Market Competition and Expansion:

We have over 250 bars, restaurant and other food and beverage businesses in the Long Island area.

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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