Established Neighborhood Favorite Modern Italian Restaurant

Asking Price$240,000

Cash Flow
$120,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Established Neighborhood Favorite Modern Italian Restaurant


Asking Price$240,000

Cash Flow
$120,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
HS Listing ID-68368

Asking Price: $240,000
Annual Cash Flow: $120,000
Location: Brooklyn, NY
Square Footage: 6,000 sq. ft. (Two Floors)
Seating Capacity: 75 (Approved) — Can expand to 152 upon occupancy correction

Business Overview

A well-established Italian restaurant known for its authentic cuisine, full bar, and inviting atmosphere. The restaurant is fully equipped and turn-key, ideal for an experienced operator or a first-time owner looking to step into a profitable business with a strong foundation.

The owner is fully involved in day-to-day operations and is willing to provide training and transition support to ensure a smooth handover.

Key Highlights

Cash Flow: $120,000

Asking Price: $165,000

Employees: 3 Full-Time + 3 Part-Time Contractors

Chef, Sous-Chef, and Dishwasher willing to stay on post-sale

Liquor License: Full

Monthly Rent: $4,500 (to increase to $6,500 after occupancy update)

Lease Term: Through 2028

Monthly Operating Expenses: Approx. $15,000

Sales Mix: ~90% Dine-In / 10% Takeout

Condition: Excellent — all equipment in good working order

Included in Sale

FF&E: All restaurant furniture, fixtures, and equipment

Inventory: All food, wine, and liquor on hand at closing

Licenses & Permits: Liquor license, restaurant permits, insurance policies (disability, workers comp, general coverage)

Intangibles: Recipes, brand name, goodwill, and existing accounts

Equipment Highlights

Moretti Forni Pizza Oven

6-Burner Stove + Oven, Grill

6 Refrigerators, 5 Freezers, 3 Walk-in Coolers

Marble Pizza Station + Refrigerator

Toast POS System (2 terminals + handheld)

2 Ice Machines, 2 Deep Fryers, Faema Coffee Machine

Full Hood System, 12-Pour Bar Tap

Heater, 2 AC Units, 18-Camera Security System

(Dishwasher leased via Ecolab)

Operations & Systems

POS: Toast

Payroll: ADP

Reservations: Resy

Accounting: Managed by outside accountant

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
Owned or Leased
Leased
About the Sale
Seller Motivation
Other business interests.
Listing Info
ID
2441479
Listing Views

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Business Listed by: Michael Steinberg Hedgestone Business Advisors

Listing ID: 2441479 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. See our full Terms of Use. Learn how to avoid scams.


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