Italian Restaurant Priced to Sell

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price	$168,000	Inventory
Gross Income	$650,000	Real Estate
Cash Flow	$129,000	Year Established	1992
FF&E	$150,000*	Employees	9

* included in the asking price

** not included in the asking price

This Attractive Italian Restaurant is located on the South Shore of Nassau County and is Drastically Reduced for a Quick Sale. The Restaurant is a Freestanding Building with a Full Basement and seats-60 at tables. It has a Full Liquor License and service Bar. This Restaurant is an excellent location for virtually Any Type of small Restaurant venue. The Seller is retiring and may finance with 60% down to an experienced operator (prefers cash-out offer at a reduced price). The Lease is 9-yrs with a monthly Rent of $5,750 per month (includes taxes, increases 3.5 % per year). For more Info, call John Stefan of JS Business Brokers at 631-473-2973

Attachments: Download additional information (PDF)

Facilities: 2000 sq. ft with a full basement and private office

Growth/Expansion: This restaurant is only open 5-days per week from Tues. - Saturday. You can immediately add approximately $3,000 per week in gross business by opening on Sundays and Mondays.

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

Support/Training: Seller will train

Reason Selling: Retiring