Italian-American Kitchen And Buildout (#22605)
Not Disclosed, NY Nassau County
Nassau County, Long Island
Seller's Contact Information
- RE: Italian-American Kitchen And Buildout (#22605)
- Contact: Ziggy M.
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $1,000,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $175,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $850,000 | |
| Year Established: | 2019 | |
| Employees: | 6 | |
| BBN Listing #: | 658149666 | |
| Broker Reference #: | 22605 |
Business Overview:
Italian-American Kitchen And Buildout For Only $299k.
This is a beautiful Italian restaurant build-out located on a main road in Nassau County, New York.
It has seating for 50 inside and seating for an additional 32 outside. The seller spent a lot of money to open but unfortunately opened during Covid.
There are 17 years left on the lease and the lease has very favorable terms. The restaurant can remain serving Italian cuisine or change to any other type of restaurant.
Financing Options:
Terms are negotiable for qualified buyers.
Reason For Sale:
The seller has other business interests they are focusing on.
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Property Features and Assets:
Seating for 50 inside and seating for an additional 32 outside. The seller spent a lot of money to open but unfortunately opened during Covid. There are 17 years left on the lease and the lease has very favorable terms. The restaurant can remain serving Italian cuisine or change to any other type of restaurant. Monthly Rent:$7,000 Lease Ends:2039-01-02 Area:2,500 sq/ft Building Type:attached Terms and Options:0
Market Competition and Expansion:
Ask broker for details.
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
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