Italian Restaurant For Sale - 32999

Not Disclosed, NY
Tompkins County


Asking Price: Annual Revenue:
$125,000 $416,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Italian Restaurant For Sale - 32999 Broker: Eli Stiefel
Owner Financing is Available!
$125,000.00 Down & TBD

Quick Facts

Asking Price: $125,000
Annual Revenue: $416,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 10
BBN Listing #: 82534447
Broker Reference #: 32999

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Business Overview:

This wonderful busy Italian Restaurant is available for sale. Offering pizza/pasta and many other elegant dishes. Owner is currently grossing over $8,000/month and has very low expenses. Rent is only $700 and landlord will extend lease or offer building for the sale price of $150,000. 90% of revenue is generated from online and take-out orders. Owner is looking to relocate and would like to sell this quickly. There is seating available for 35 people. Equipment is valued at $30,000. No liquor license. Open 7 days a week. A new dedicated hands-on owner can make a really nice living operating this place. Please contact broker Eli Stiefel for more information. Please use email reply button of this ad to contact us.

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Reason for Selling:

Relocating

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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