Business For Sale

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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