Italian Restaurant-Full Bar-Catering Rooms

Queens, NY
Queens County

Asking Price: Annual Revenue:
$449,000 $1,800,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Italian Restaurant-Full Bar-Catering Rooms Broker: Ziggy Marszalek

Quick Facts

Asking Price: $449,000
Annual Revenue: $1,800,000
Net Profit: Not Disclosed
Cash Flow: $275,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: NY
Year Established: 1992
Employees: 25
BBN Listing #: 747049666
Broker Reference #: 22442

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Business Overview:

Landmark location. Italian Restaurant full service Restaurant with full Bar and 3 Catering rooms.
Established 26 years by a popular Restaurateur Family.

Long lease, (expires 2025, owner will acquire an additional 15 years on lease by sale of business).
25 FULL Time employees no PT employees.

Catering is a staple here. Holiday parties and Neighborhood clientele a guarantee.

Off street parking.
Full service Kitchen, Liquor room, Office, basement storage.

Annual net approximately $275,000.00

This is a Diamond opportunity.

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Property Features and Assets:

Monthly Rent: $9,850 Lease Ends: 2025-01-01 Area: 5,000 sq/ft Building Type: Brick attached Building Terms and Options: NO NOTES

Reason for Selling:

New food service venture.

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.

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