Italian Restaurant Priced Below Market for a Quick Sale

Bronx, NY (Bronx County)

Italian Restaurant Priced Below Market for a Quick Sale
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Asking Price: $100,000

Cash Flow: $60,000

Gross Revenue: $460,000

EBITDA: N/A

FF&E: N/A

Inventory: $7,000*

Rent: $7,400 /Month

Established: 2017

*not included in asking price.

Italian Restaurant Priced Below Market for a Quick Sale

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Business Description

Priced below market for quick sale! Gorgeous brand new expensive built out.

Very successful, Italian American cuisine, food made from scratch using high quality ingredients – “fast food style”. The kitchen is developed and managed by a well known Italian chef who made an appearance on food network channel.

All new kitchen, equipment, and modern decor worth ~500K. 1,500 SF with seating capacity of 21 people utilizing a state of the art rotating brick oven which drastically cuts down cooking time.

Great opportunity for growth to take to the next level perhaps a franchise.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Employees:
3
Support & Training:
Seller will provide
Reason for Selling:
Other interests
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Leia Furer

Business Listed By:
Leia Furer

Inbar Group Inc - Business Brokers

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Sponsoring Broker:
Jay M. Inbar,Certified Mergers &Acquisition Pro

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