Italian restaurant

Thomaston, NY (Nassau County)

Seller Financing Available
Italian restaurant

Asking Price:$195,000

Cash Flow:$110,000

Gross Revenue:$675,000

EBITDA:N/A

FF&E:$225,000

Inventory:$20,000*

Established:1980

*not included in asking price.

Italian restaurant

Get Financing Save Print Share Valuation Report

Business Description

BOUTIQUE ITALIAN RESTAURANT IN NASSAU

CLASIC ITALIAN DECORATION

PRICED TO SALE $159K
DOWN PAYMENT: $125K
SAME OWNER OVER 13 YEARS OPERATING AS A RESTAURANT FOR MORE THAN 40 YEARS.
SHORT HOURS
OPEN ONLY 6 DAYS
MONDAYS CLOSED
3 DAYS HALF DAYS 4PM TO 9PM
3 DAYS: 11AM TO 9PM
PERFECT FOR A SEMI-RETIRED PROFESSIONAL
DOES OVER $13'500.00 PER WEEK
RENT $3'700.00
REAL ESTATE TAXES $ 8'000.00 PER YEAR
LONG LEASE,OVER 12 YEARS, MORE LEASE NO PROBLEM

FOR MORE INFORMATION PLEASE COMTACT THE BROKER.
Phone: 516-445-4134 Or e-mail me at p2krealty @ hotmail .com Ask For Peter
Thanks
Peter

Detailed Information

Inventory:
Not included in asking price
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a Boutique Italian Rstaurant Operating for many years, It has it,s own loyal Cliental, and operates on very short hours 6 days pe Week.
Competition:
With some changes on the Menu and stay open few more hours per day the Restaurnt will make anothe $10'000.00 per week.
Growth & Expansion:
Boutique italian restaurant in nassau 10-05-13 21 station plaza, great neck, ny,11021 clasic italian decoration priced to sale $159k down payment: $125k same owner over 13 years operating as a restaurant for more than 40 years. short hours open only 6 days mondays closed 3 days half days 4pm to 9pm 3 days: 11am to 9pm perfect for a semi-r
Financing:
60'000.00 About Term, 4 Years @ 6%
Support & Training:
Yesn owner willing to train
Reason for Selling:
Retiring

Listing Statistics for Premium Members

Ad#:775496 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

PETER KANGELARIS

Business Listed By:
PETER KANGELARIS

Planet 2000 Realty Group Inc.

Show Phone Number

View My Listings

Find out more...

Get more details about this business.


Similar Listings


Bonchon

Franchise Opportunity
Capital Required: $300,000