Italian Restaurant in Suffolk County, NY - 28902

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$220,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant in Suffolk County, NY - 28902 Broker: Joseph DeGaetano

Quick Facts

Asking Price: $220,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $135,000
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 9
BBN Listing #: 67834447
Broker Reference #: 28902

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Business Overview:

This is a wonderful, well-established, beautiful Italian restaurant. Under the same ownership for over 20 years. It is 2,300 square feet, and has a bar area that boasts a wonderful wine selection, as well as spirits and brew. Owner does many private parties in the separate party room. The location is excellent with easy access. Monthly rent is only $6,276.00, and includes all taxes, trash, water and snowplowing. Current lease has 8 years remaining, with a 5-year option. Annual gross income is $500,000.00, plus catering business. Owner's in-pocket cash flow is $135,000. This is a terrific opportunity to own a well-established restaurant, with great potential to make it even better. Please contact the broker or email us for further information.

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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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