Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!

Business For Sale

Italian Restaurant “Priced to Sell”

Nassau, NY, USA

Food & Beverage: Restaurants, Fast Food, Deli

Owner Financing is Available
The Seller is retiring and may finance with 60% down to an experienced operator (prefers cash-out offer at a reduced price).
Asking Price:
Year Established:
Employees:
Listing Number:
$168,000
1992
9
97015425
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$650,000
$129,000
$129,000
Not Disclosed

Business for Sale Overview:

This “Attractive” Italian Restaurant is located on the South Shore of Nassau County and is “Drastically Reduced” for a “Quick Sale.” The Restaurant is a “Freestanding” Building with a “Full Basement” and seats-60 at tables. It has a “Full Liquor License” and service Bar. This Restaurant is an excellent location for virtually “Any Type” of small Restaurant venue. The Seller is retiring and may finance with 60% down to an experienced operator (prefers cash-out offer at a reduced price). The Lease is 9-years with a monthly Rent of $5,750 per month (includes taxes, increases 3.5 % per year).

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

“Freestanding” Building with a “Full Basement” and seats-60 at tables, approximately 2,000 square feet with private office.

Market Competition and Expansion:

This restaurant is only open 5-days per week from Tues. - Saturday. You can immediately add approximately $3,000 per week in gross business by opening on Sundays and Mondays.

Reason for Selling:

Retiring and relocating

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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Italian Restaurant “Priced to Sell”
Business Listed By:
John Stefan
JS Business Brokers
contact the seller
Looking to Buy A Restaurant?
Franchises That May Interest You!
Rated the #1 Printing Franchise in the industry by Entrepreneur Magazine, Minuteman Press International is a one stop center for all of your printing and graphic needs.
Maid-Rite is a quick serve, casual dining restaurant chain, famous for our fresh ground beef loose meat sandwiches. Our total equipment and furniture, start up costs, franchise fee and working capital is between $250,000 to $300,000 for a Maid-Rite Diner in a leased 1,250 to 1,800 sq. ft. space. Maid-Rite provides a turnkey restaurant for franchisees including a full training program for owner operators.

 

Please Note: The Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these business for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.