STEAL -- Italian Steakhouse & Sushi Cocktail Bar – Fully Renovated – H

Asking Price$495,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,600,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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STEAL -- Italian Steakhouse & Sushi Cocktail Bar – Fully Renovated – H


Asking Price$495,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$2,600,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Thriving Italian Steakhouse & Sushi Cocktail Bar – Fully Renovated – High Weekly Sales

An exceptional opportunity to acquire a beautifully renovated Italian steakhouse and sushi cocktail bar located in a prime location with municipal parking for over 200 cars directly across the street. The restaurant has been successfully operated by the current owner for over 30 years and was completely gut renovated just four months ago with no expense spared.

The business currently generates between $45,000 and $55,000 in weekly revenue while operating only six days per week for dinner service. The spacious interior features seating for approximately 90 guests, along with 16 bar seats. In addition, the property includes a covered outdoor dining area with seating for up to 100 guests, making it ideal for private parties, events, and reservations throughout the year.

The restaurant benefits from a favorable lease with rent of $13,000 per month, including real estate taxes, which is considered below market for a restaurant of this size and location. A full basement provides ample space for storage and operations.

There are several opportunities for a new owner to further grow the business, including opening for lunch service, increasing private party bookings in the outdoor dining space, introducing delivery and takeout, and implementing weekly specials or themed events to attract additional clientele.

This is a rare opportunity to acquire a fully renovated, high-volume restaurant with strong sales, excellent facilities, and significant upside potential.
Listing Info
ID
2480594
Listing Views
9

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Business Listed by: Henry GALASSO East Coast Business Brokers

Listing ID: 2480594 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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