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