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Local Italian Restaurant

New York County, New York

Asking Price: Gross: Cash Flow:
$325,000 $800,000 $200,000

Furniture and Fixtures Value:
$100,000 ( not included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
LISTING ID # 34870Beautiful old school Italian restaurant located in the flourishing neighborhood of Manhattan. NETS 200k! Very well known! 1700 square feet, seats 64 inside and an additional 12 seats outside. During the summer months, the street is closed to vehicles and they are allowed to add an additional 24 seats. There is a large kitchen with a 14 foot hood, a 12 burner stove as well as a brick oven and a huge prep area. There is an additional 800 sq ft basement.Owner owns the building and will act as your landlord. Great new 10 year lease, rent well below market at only12,500/mo. Owner retiring, to learn more, please contact the broker at 877-735-5224. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-34870 for instant access to this business information.

 
   
   
Year Business was Established: 2005
   
Number of Employees: 6 FT/2 PT  
   
Owner willing to finance: No  
   
Owner willing to train: Seller will train  
   
Reason for selling: Retirement  
 

 

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