Please ensure Javascript is enabled for purposes of website accessibility Established and Neighborhood Favorite Italian Restaurant For Sale | Transworld Business Advisors NY UA-80206126-1

Established and Neighborhood Favorite Italian Restaurant For Sale

Listing Number: 6842-560109

Description

Long time neighborhood Italian favorite near major transportation hub as the restaurant has been in existence for 34 years. The next owner can inherit a friendly staff that creates a warm and congenial atmosphere. The current 2021 gross sales is between $20k to $27k per week. The owner recently put in $200k in improvements including new floors and equipment. The restaurant has a great wine selection plus beer. Current capacity for outdoor and indoor dining is 70 people.

Listing Details

  • Price: $ 400,000
  • Down Payment: $400,000
  • Sellers Discretionary Earnings: $ 258,537
  • Total Sales: $ 1,125,924
  • Location: New York County, New York

  • Inventory: $ 3,000
  • FF&E: $ 100,000
  • Employees: 5
  • Year Established: 1986
  • Reason for Selling: Retirement
  • Category: Restaurants
Established and Neighborhood Favorite Italian Restaurant For Sale

Business Listed By:

Eric Mendelsohn
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