Strip mall space
Property Description
Established Southern Italian Restaurant
If you chose to continue w/ this venue, this is a highly rated Italian eatery, founded in 2018, offers an exceptional opportunity to acquire a profitable restaurant with proven financials and significant growth potential. Located in Queens County with excellent community ties, the business has built a strong reputation earning 4.6 ratings from customers.
Financial Performance:
• Annual revenue of approximately $320,000
• Seller's discretionary earnings (SDE) of $60,000
• Operating under favorable 8-year lease at $3,500/month
• Asking price $120,000 with $25,000 inventory included
Key Business Highlights:
• Exclusive catering partnership with MLB teams at Citi Field
• Loyal customer base with 1,000+ Instagram followers, 800+ Facebook likes
• Email database of 400+ customers for ongoing promotions
• 55-seat capacity with wide sidewalk frontage ideal for outdoor dining
• NYC Health Department A rating
Property & Equipment:
• Fully upgraded kitchen and refrigeration systems
• Recent roof replacement with consistent annual maintenance
• Well-maintained facility in excellent operating condition
• FF&E valued at $10,000
Operational Advantages:
• Trained, reliable staff could potentially be available to stay with new ownership.
• Currently open five evenings weekly
• Strong weekend demand with consistent customer flow
• Established reputation in the community since 2018
Growth Opportunities:
• Expand to seven-day operation
• Add lunch service
• Develop additional catering opportunities beyond current MLB partnership
• Utilize sidewalk space for outdoor dining expansion
This turnkey operation represents a rare opportunity to acquire a respected, profitable restaurant with clear upside potential. The combination of proven financials, exclusive partnerships, loyal customer base, and expansion possibilities makes this an attractive investment for qualified buyers seeking an established food service business.
Full financial documentation available to qualified buyers. The business offers both immediate profitability and significant growth potential in Queens County's competitive restaurant market.
If you chose to continue w/ this venue, this is a highly rated Italian eatery, founded in 2018, offers an exceptional opportunity to acquire a profitable restaurant with proven financials and significant growth potential. Located in Queens County with excellent community ties, the business has built a strong reputation earning 4.6 ratings from customers.
Financial Performance:
• Annual revenue of approximately $320,000
• Seller's discretionary earnings (SDE) of $60,000
• Operating under favorable 8-year lease at $3,500/month
• Asking price $120,000 with $25,000 inventory included
Key Business Highlights:
• Exclusive catering partnership with MLB teams at Citi Field
• Loyal customer base with 1,000+ Instagram followers, 800+ Facebook likes
• Email database of 400+ customers for ongoing promotions
• 55-seat capacity with wide sidewalk frontage ideal for outdoor dining
• NYC Health Department A rating
Property & Equipment:
• Fully upgraded kitchen and refrigeration systems
• Recent roof replacement with consistent annual maintenance
• Well-maintained facility in excellent operating condition
• FF&E valued at $10,000
Operational Advantages:
• Trained, reliable staff could potentially be available to stay with new ownership.
• Currently open five evenings weekly
• Strong weekend demand with consistent customer flow
• Established reputation in the community since 2018
Growth Opportunities:
• Expand to seven-day operation
• Add lunch service
• Develop additional catering opportunities beyond current MLB partnership
• Utilize sidewalk space for outdoor dining expansion
This turnkey operation represents a rare opportunity to acquire a respected, profitable restaurant with clear upside potential. The combination of proven financials, exclusive partnerships, loyal customer base, and expansion possibilities makes this an attractive investment for qualified buyers seeking an established food service business.
Full financial documentation available to qualified buyers. The business offers both immediate profitability and significant growth potential in Queens County's competitive restaurant market.
About the Property
- Type
- Facilities & Assets
- If interested in continuing as a restaurant, all equipment & furniture.
- Current & Prior Use
- Currently operating as a food service establishment. Could be turned into any business that’s not already operating in said strip mall.
About the Lease
- Rent
- $3,200.00 per month
- Lease Is NNN
- No
- Lease Expires
- 12/31/2032
Listing Info
- ID
- 2416620
- Listing Views
- 67
Listing ID: 2416620 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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