Business for Sale Overview:
One the most popular Italian restaurants on Long Island! The interior was recently updated. Business Grosses $990,000 per year. Sales are 70% Food, 30% Liquor. There are 115 seats in two rooms. Building is free standing on a major road on the North Shore of Suffolk County. There is an option on the property. $3.5 Million.
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:
3,100 Square feet. Rent is $6,167 per month, including taxes. There is a new 10 year lease with the business. Occupancy is 120.
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.