Well-Established Italian Restaurant - 27385

Queens County, NY
Queens County

Asking Price: Annual Revenue:
$97,000 $550,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Well-Established Italian Restaurant - 27385 Broker: Anees Akram
Owner Financing is Available!
75,000.00 Down & 5% for 4 Yrs.

Quick Facts

Asking Price: $97,000
Annual Revenue: $550,000
Net Profit: Not Disclosed
Cash Flow: $65,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 12864447
Broker Reference #: 27385

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Business Overview:

The price on this well-established Italian Restaurant has been reduced due to the owner going through a divorce and would like to sell ASAP. This is a golden opportunity for a qualified Buyer to acquire a busy restaurant in a great area. Owner has operated the restaurant as an absentee owner for more than 13 years but is going through a divorce and wants to sell the business ASAP. An owner operator can increase sales and decrease payroll. It has a loyal customer base who visit this restaurant several times each week because they like the menu and find the family atmosphere comfortable and inviting. This will sell fast inquire today on this great opportunity.

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Reason for Selling:

Other Business Interests

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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