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 owner recently put in $200k in improvements including new floors and equipment. The restaurant has a great wine selection plus beer.

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: 7
• Year Established: 1986
• Reason for Selling: Retirement
• Category: Restaurants