Italian Steakhouse & Sushi Restaurant$45K-$55K/Week-ONLY $695K NEGOT

Asking Price$695,000

Cash Flow
$395,020
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,600,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave

Italian Steakhouse & Sushi Restaurant$45K-$55K/Week-ONLY $695K NEGOT


Asking Price$695,000

Cash Flow
$395,020
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,600,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
For Sale: Thriving Italian Steakhouse & Sushi Cocktail Bar

Location: Prime spot with municipal parking for 200 cars right across the street.

Business Highlights:

Revenue: $45,000 to $55,000 per week, open 6 days a week for dinner only.
Seating: 90 tables inside, 16 at the bar, and a covered outdoor space with 100 seats available year-round for parties and reservations.
Renovation: Fully gut renovated 4 months ago with no expense spared.
Owner: Retiring after 30 successful years.
Opportunities for Growth:

Open for lunch to increase revenue.
Book more private parties in the spacious outdoor area.
Add a delivery and takeout menu.
Introduce weekly specials and events to attract more customers.
Financials:

Rent: $13,000 per month, including real estate taxes, which is below market rent for such a large restaurant and outdoor space.
Facilities: Full basement for storage and operations.
This is a rare opportunity to own a beautifully renovated, high-revenue restaurant with immense potential for further growth. Perfect for an ambitious new owner ready to take it to the next level!
Listing Info
ID
2415609
Listing Views

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Business Listed by: Henry GALASSO East Coast Business Brokers

Listing ID: 2415609 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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