Full-Service Italian Restaurant

Manhattan, NY (New York County)

Full-Service Italian Restaurant

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$2,100,000

EBITDA:$133,000

FF&E:N/A

Inventory:N/A

Established:N/A

Full-Service Italian Restaurant

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Business Description

The Company operates as a white table cloth Italian restaurant in which revenue is derived from food (62.6% of 2015 revenue), alcohol (34.4%), and other beverages (3.0%). It provides a selection of authentic Italian cuisine in a modern way, and uses the highest-quality ingredients which are imported directly from Italy or locally grown. The Company operates one location and serves brunch, lunch, and dinner throughout the different dining rooms in the restaurant.

It has an approximate 87-person indoor seating capacity spread out between the dining room, bar, and lounge area. The Company also has additional 32-person seating in the back garden and front patio, which are available during pleasant weather. Daily ticket count averages 100, but can vary depending on the meal, season, and day of the week. Including all areas, the restaurant totals 2,500 square feet; the kitchen is larger than most nearby restaurants, and is adequately sized to service the restaurant during peak hours. The Company is currently staffed by 31 full-time employees.

Detailed Information

Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Additional capital required to take company to the next level

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George Nova

Business Listed By:
George Nova

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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