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"Elegant" Italian Restaurant "Affluent Area"

| Asking Price: | $299,000 | Inventory: | $5,000 ++ |
| Gross Revenue: | $1,092,000 | Real Estate: | n/a |
| Cash Flow: | $130,000 | FF&E: | $175,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This "Elegant" Italian Restaurant is located in a Large Plaza with plenty of parking near the "Affluent" area of Muttontown on the North Shore of Nassau County. It's been established for over 25 years under the same ownership and has a "Loyal, " Upscale Customer following. The Restaurant has 3200 sq ft of usable space consisting of two dinning rooms (seats-80) with a small bar and full kitchen plus a "full basement" with a large prep area, private office, liquor room and storage room. The Seller has opened a larger restaurant in a different area and would like to sell this location. The base rent is $8,000 per month plus taxes and cam charges. For more info, call John Stefan of JS Business Brokers at 631-473-2973
About the Business
Year Established:1983
Employees:7 full time -
Facilities:Located near the "Affluent" area of Muttontown on the North shore of Nassau County. The Restaurant has 3200 sq ft of usable space consisting of two dinning rooms (seats-80) with a small bar and full kitchen plus a "full basement" with a large prep area, private office, liquor room and storage room.
About the Sale
Management Training and Support:Yes
Reason For Selling:The Seller opened a larger restaurant & would like to sell this location
Seller Financing:Seller will finance to an experienced operator with 60% down
KEYWORDS: alian, Italian Restaurant, Restaurant, Pub Tavern, Catering
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Industry: Food and Beverage
Segment: Catering Services | ||
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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