"Elegant" Italian Restaurant "Affluent Area"

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$299,000	Inventory	$5,000*
Gross Income	$1,092,000	Real Estate
Cash Flow	$130,000	Year Established	1983
FF&E	$175,000*	Employees	7 F/t

* included in the asking price

** not included in the asking price

This "Elegant" Italian Restaurant is located in a Large Plaza with plenty of parking near the "Affluent" area of Muttontown on the North Shore of Nassau County. It's been established for over 25 years under the same ownership and has a "Loyal, " Upscale Customer following. The Restaurant has 3200 sq ft of usable space consisting of two dinning rooms (seats-80) with a small bar and full kitchen plus a "full basement" with a large prep area, private office, liquor room and storage room. The Seller has opened a larger restaurant in a different area and would like to sell this location. The base rent is $8,000 per month plus taxes and cam charges. For more info, call John Stefan of JS Business Brokers at 631-473-2973

Attachments: Download additional information (PDF)

Facilities: Located near the "Affluent" area of Muttontown on the North shore of Nassau County. The Restaurant has 3200 sq ft of usable space consisting of two dinning rooms (seats-80) with a small bar and full kitchen plus a "full basement" with a large prep area, private office, liquor room and storage room.

Financing: Seller will finance to an experienced operator with 60% down

Support/Training: Yes

Reason Selling: The Seller opened a larger restaurant & would like to sell this location