Beautiful Italian Restaurant For Sale

Queens County, NY

Asking Price: Annual Revenue:
$325,000 $416,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Beautiful Italian Restaurant For Sale Broker: Marie Goldstein
Owner Financing is Available!
Owner will finance 25% for 36 months at 6%.

Quick Facts

Asking Price: $325,000
Annual Revenue: $416,000
Net Profit: Not Disclosed
Cash Flow: $138,502
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 10
BBN Listing #: 9684447
Broker Reference #: 14397 Goldstein

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Business Overview:

Busy Italian Restaurant on a main street in a wealthy Queens neighborhood where some of the borough's best restaurants are located. The decor is outstanding white table cloth, and a hand painted mural on the walls. Table seating for 60 and full bar that seats 10. Totally equipped professional kitchen that can double as a catering kitchen for outside events. They currently only serve dinner 6 days a week so a new owner could increase revenue by serving lunch, weekend brunch and adding outside catering. Low Rent $2,500 per month, Long Lease 15 years, Option to Buy the Building! The owner has a pizzeria in another part of town and has trouble spiting his time between 2 businesses so this is your opportunity to move in and make some money.

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Reason for Selling:

other interests

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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