Large Long Beach, NY Italian Restaurant for Sale w

Long Beach, NY
Nassau County

Asking Price: Annual Revenue:
$149,000 $1,700,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Large Long Beach, NY Italian Restaurant for Sale w Broker: Michael Kelly

Quick Facts

Asking Price: $149,000
Annual Revenue: $1,700,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 20
BBN Listing #: 53858096
Broker Reference #: 7580

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Business Overview:

Stunning 6000 square feet Italian Restaurant for Sale with Catering Hall located one block off the ocean. This beautifully designed and laid out Restaurant and Catering Hall has a vast following with parties booked into 2020. Great Lease in High-Income Area. This restaurant and catering hall is doing over $1,700,000. Owners profit are over $200,000 This fabulous Italian Restaurant for Sale has a full service catering hall and is serving up amazing Italian cuisine. This once in a lifetime opportunity to own a 6000 square foot restaurant in the heart of Long Beach doesn't come around often. This location has a restaurant side, a designated catering room and a lounge area. Please note, this is a turn-key operation, no major renovation is needed. Contact We Sell Restaurants on this Italian Restaurant for Sale and catering business today. This beautiful space is laid out over 6000 square feet with storage and office space on the second floor. There are 250 seats throughout the main restaurant and private dining rooms. This space is available to accommodate both small intimate dinners and larger group parties. There is 7 years left with the current lease with a 5-year option. The rent is $10,700 per month which is very fare for this large space. This large gourmet kitchen is laid out perfectly for multiple chefs and their assistants. The kitchen in this Italian Restaurant for Sale is fully equipped with commercial-grade equipment that will handle all your needs. Ideal for events, parties and wedding. This Italian Restaurant for Sale in Long Beach offers so much opportunity. You have your yearlong residents and the bonus of seasonal renters. The demographics for Long Beach are impressive, too. The median household income is $124,000 at an average age of 43. Long Beach is home to more than 170,000 residents. This is an amazing opportunity to create your dream with this restaurant for sale. Take this opportunity to visit this turnkey establishment and picture yourself owning this amazing catering hall and restaurant. The sellers are looking for motivated buyers and that is why it is priced at $149,000.

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Property Features and Assets:

large hood flattop grille ovens convection oven refrigerators freezers walk in box ample dry storage shelving small appliances smallwares

Market Competition and Expansion:

Large 6000 Square Feet Separate restaurant and catering space One Block off the Ocean

Reason for Selling:


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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