Up scale Italian Restaurant

Syracuse, NY
Onondaga County

Downtown Upscale Italian REstaurant


Asking Price: Annual Revenue:
$295,000 Not Disclosed

Food & Beverage: Miscellaneous


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RE: Up scale Italian Restaurant Broker: Michael KInney Assocate Broker the Icon comapnies
License #: Call Broker

Quick Facts

Asking Price: $295,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $3,950,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 12
BBN Listing #: 901440651
Broker Reference #: Icon 033

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Business Overview:

THe areas premier Upscale Italian. All food made on premise and yes that means Pasta as well. The current owner has reduced hours due to heath . This is a million dollar plus ,very strong bar. And check average ,you will love (high one of best I know of) Very loyal customer base. Due to nature of business a strong background is needed . This is an asset purchase lease all of terms to be arranged by landlord. All people will be required to sign a CA and have proof of funds . This a beautiful restaurant that does very well open for dinner and closes early. Once you see location you see the full potential, It could have one of the strongest bar in area.

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Property Features and Assets:

The term in Business is Location , Location , Location . One of the great news owner will stay on to train. This is a fine dinning upscale restaurant , nothing more needs to be said!

Market Competition and Expansion:

At the current time they don’t have any location’s like this in area. If you have been looking for an operation to make a multi location operation this is ! They have a party room as well and due to location catering would be crazy. This is a must see but you need experience.

Reason for Selling:

Heath

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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