Make an Offer - Italian Restaurant for Sale - Huge 8,000 Square Foot

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Asking Price:
$585,000

Gross Revenue:
$876,465
Cash Flow:
$192,499
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This beautifully built-out Italian Restaurant for Sale is ready for its new owner. Located in the township of Huntington, this 8,000 square foot place has everything to offer. Take your vision to the next level and run with it.
When making a statement to your guests, this Italian Restaurant Sale is for you. This 8000 square foot build-out is laid out into 4 unique areas. There are 3 dining rooms and a private event room. There are 2 sophisticated bars, a fireplace and gorgeous décor throughout this amazing space. The large commercial kitchen is laid out for seamless transitions between the preppers, chefs, and dishwashers. This commercial kitchen has everything needed to fulfill orders from your potential 250 plus guests.
Brought to you by We Sell Restaurants, this Italian Restaurant for Sale is currently doing almost $900,000 in sales and that is not including any revenue coming from catered and private parties. There is 12 years left on the lease and the landlord is willing to do additional term options.
Make some time to come to visit this lovely location. “We Sell Restaurants”, Mike Kelly will walk you through this amazing restaurant and show you all the possibilities it has. Located in the township of Huntington, on a busy road. Data shows that the township of Huntington has a population over 200,000 which doesn't take into consideration all the commuter traffic that passes by this location on a daily basis. There is plenty of parking and on busy nights, a valet stand could be set up.
Do not pass this opportunity up. Fulfill your dreams in this amazing 8000 square foot restaurant. Take your vision and make it a reality with this once in a lifetime opportunity. There is tremendous upside though utilizing social and local marketing. Diners will flock for your 5-star reviews. Families and business will utilize the amazing private room. Once you see it you will understand all the possibilities

About the Business

Location:
Huntington Station, New York
Year Established:
2014
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
8,000
Rent:
$17,040.00 Per Month
Lease Expiration:
6/1/2031
Facilities:
Large hood flattop grille ovens convection oven refrigerators freezers walk in box ample dry storage shelving small appliances smallwares
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
200 000 plus residents in the Township of Huntington Located on a major road 8000 Square feet
Growth & Expansion:
Unlimited opportunity for Social and Local marketing Ability to maximize Private event room
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About the Sale

Reason For Selling:
Retirement
Training/Support:
yes

Listing Info

ID:
1645792
Ad Detail Views:
0

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Business Listed by

Michael Kelly

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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