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Business For Sale

Elegant Italian Restaurant Affluent Area

Nassau, N. Shore, NY, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$299,000
$1,092,000
$130,000
$130,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1983
7
298115425
Owner Financing is Available
Seller will finance to an experienced operator with 60% down.

Business for Sale Overview:

This "Elegant" Italian Restaurant is located in a Large Plaza with plenty of parking near the "Affluent" area of Mutton town on the North Shore of Nassau County. It's been established for over 25 years under the same ownership and has a "Loyal, " Upscale Customer following. The Restaurant has 3,200 square feet of usable space consisting of two dinning rooms (seats-80) with a small bar and full kitchen plus a "full basement" with a large prep area, private office, liquor room and storage room. The Seller has opened a larger restaurant in a different area and would like to sell this location. The base rent is $8,000 per month plus taxes and cam charges. Seller will finance to an experienced operator with 60% down.

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:

Located near the "Affluent" area of Mutton town on the North shore of Nassau County. The Restaurant has 3,200 square feet of usable space consisting of two dinning rooms (seats-80) with a small bar and full kitchen plus a "full basement" with a large prep area, private office, liquor room and storage room.

Reason for Selling:

The Seller opened a larger restaurant

Additional Details:

  • The property is leased.
  • 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.
 

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