Gorgeous Italian Restaurant - Mid-Suffolk County

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GREAT NEW 10-YR LEASE
Asking Price:
$325,000

Gross Revenue:
$1,400,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$250,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

**EXACT LOCATION REQUIRES SIGNED CONFIDENTIALITY AGREEMENT**
(Scroll down to ATTACHED DOCUMENTS, click on Confidentiality Agreement)

This Gorgeous Italian Restaurant is a 3,400 sq. ft. Free Standing Building with plenty of parking. It seats up to 120 pp and features separate 2-dining room (great for private catering parties) and a separate bar room.
It is located in the Mid- Suffolk County area of Long Island.
The restaurant is in immaculate condition and averages $25,000-$30,000 a week. The Seller would like to retire.
* NOTE: A potential buyer MUST CHANGE THE NAME, but can still operate it as an Italian Restaurant or any other type of restaurant (Property is NOT available)

The Landlord will give a NEW 10-YR LEASE starting at ONLY $7,735, which includes property taxes to the right buyer.
***PERFECT FOR CHEF OWNER***

***FOR MORE INFO - Call John Stefan of JS Business Brokers @ 631-473-2973***
**PLEASE SIGN CONFIDENTIALITY AGREEMENT BELOW FOR LOCATION**

About the Business

Location:
Suffolk County, New York
Year Established:
1977
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About the Sale

Reason For Selling:
Seller wold like to retire
Training/Support:
Seller will assist with some training, but buyer must be very experienced in managing a restaurant
Seller Financing:
Seller requires $325,000 cash-out

Listing Info

ID:
1634416
Ad Detail Views:
0

Attached Files Attachment Disclaimer

  Confidentiality Agreement (103 KB)
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Business Listed by

John Stefan

JS Business Brokers

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