Queens Italian Restaurant with Great Visibility

Not Disclosed, NY
Queens County

Asking Price: Annual Revenue:
$225,000 $675,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Queens Italian Restaurant with Great Visibility Broker: Ken Stein

Quick Facts

Asking Price: $225,000
Annual Revenue: $675,000
Net Profit: Not Disclosed
Cash Flow: $150,000
Total Debt: Not Disclosed
FF&E: $350,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 10
BBN Listing #: 76234701
Broker Reference #: 14147

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Business Overview:

This Profitable Italian restaurant has been doing business for over 30 years and is located where ALL the action is in Queens, New York. TREMENDOUS location with TONS of potential to increase the business. The owner is now of an age that he would like to slow down and let a new generation purchase this great business. They are located near tons of activity including hospitals, medical buildings, Class A office buildings, homes, apartments and a younger more aggressive owner could DRAMATICALLY propel the sales of this restaurant by delivering to all the office-medical buildings & commercial accounts in the area. They are also well known for catering private parties, lunches and office gatherings. Currently their sales are approximately 85% food and 15% liquor. You must see this beautiful restaurant with an attractive and relaxing atmosphere. Open just six days a week. Please refer to listing # 14147 when inquiring about this listing.

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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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