Price Reduced Italian Restaurant in Suffolk-32447

Not Disclosed, NY
Suffolk County


Asking Price: Annual Revenue:
$85,000 $676,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Price Reduced Italian Restaurant in Suffolk-32447 Broker: Jim Aloi
Owner Financing is Available!
$85,000.00 Down & None

Quick Facts

Asking Price: $85,000
Annual Revenue: $676,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1980
Employees: 9
BBN Listing #: 48024447
Broker Reference #: 32447

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Business Overview:

Family-Run Italian Restaurant with Full Bar This 3,300 square foot eatery is located in the heart of Suffolk County. They have been serving the finest Italian food for the past 30 years, including the best pizza, pasta, seafood and much more! Full bar that definitely contributes to the overall revenue.The seller must sell, and is running the business absentee. There is lots of room for growth. The new buyer can update the facility. Promoting could also double the present gross and net. A hardworking hands on buyer should double or triple the present business. Buy this elegant eatery at a low price and build this fantastic business to the top. There is ample parking and it is pleasantly located in large shopping area in a busy town. This is a must see and should sell quickly. Seller over paying on payroll. Full staff in place. For additional information kindly call Broker Jim Aloi. This will not last!

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Reason for Selling:

Illness

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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