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Neighborhood Favorite Italian Restaurant For Sale
NEW YORK, NY
NEW YORK County
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| Asking Price: | Annual Revenue: |
| $550,000 | $1,173,078 |
Food & Beverage: Restaurants, Fast Food, Deli
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RE: Neighborhood Favorite Italian Restaurant For Sale
Contact: Eric Mendelsohn
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $1,173,078 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $238,860 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $100,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1986 | |
| Employees: | 7 | |
| BBN Listing #: | 343235879 | |
| Broker Reference #: | 6842-560109 |
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Business Overview:
Long time neighborhood Italian favorite near major transportation hub as the restaurant has been in existence for 34 years. The next owner can inherit a friendly staff that creates a warm and congenial atmosphere. The owner recently put in $200k in improvements including new floors and equipment. The restaurant has a great wine selection plus beer. Current capacity for outdoor and indoor dining is 70 people.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New York businesses for sale
- View more Businesses For Sale in the same industry
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