Priced to Sell - Italian Restaurant for Sale & Catering Hall - Huge 5,

South Huntington, NY (Suffolk County)

We Sell Restaurants - New York Restaurant Brokers
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Asking Price: $499,000

Cash Flow: $192,499

Gross Revenue: $876,465

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $17,040 /Month

Established: 2014

Priced to Sell - Italian Restaurant for Sale & Catering Hall - Huge 5,

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Business Description

This beautifully built-out Italian Restaurant for Sale is ready for its new owner. Located in the township of Huntington, this 5,000 square foot place has everything to offer. Take your vision to the next level and run with it.
When making a statement to your guests, this Italian Restaurant Sale is for you. This 5000 square foot build-out is laid out into 4 unique areas. There are 3 dining rooms and a private event room. There are 2 sophisticated bars, a fireplace and gorgeous décor throughout this amazing space. The large commercial kitchen is laid out for seamless transitions between the preppers, chefs, and dishwashers. This commercial kitchen has everything needed to fulfill orders from your potential 250 plus guests.
Brought to you by We Sell Restaurants, this Italian Restaurant for Sale is currently doing almost $900,000 in sales and that is not including any revenue coming from catered and private parties. There is 12 years left on the lease and the landlord is willing to do additional term options.
Make some time to come to visit this lovely location. “We Sell Restaurants”, Mike Kelly will walk you through this amazing restaurant and show you all the possibilities it has. Located in the township of Huntington, on a busy road. Data shows that the township of Huntington has a population over 200,000 which doesn't take into consideration all the commuter traffic that passes by this location on a daily basis. There is plenty of parking and on busy nights, a valet stand could be set up.
Do not pass this opportunity up. Fulfill your dreams in this amazing 8000 square foot restaurant. Take your vision and make it a reality with this once in a lifetime opportunity. There is tremendous upside though utilizing social and local marketing. Diners will flock for your 5-star reviews. Families and business will utilize the amazing private room. Once you see it you will understand all the possibilities

Detailed Information

Location:
South Huntington, NY
Real Estate:
Leased
Building SF:
8,000
Lease Expiration:
6/1/2031
Employees:
15
Facilities:
Large hood flattop grille ovens convection oven refrigerators freezers walk in box ample dry storage shelving small appliances smallwares
Competition:
200 000 plus residents in the Township of Huntington Located on a major road 8000 Square feet
Growth & Expansion:
Unlimited opportunity for Social and Local marketing Ability to maximize Private event room
Support & Training:
yes
Reason for Selling:
Retirement
Business Website:
http://www.wesellrestaurants.com
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Contact the Seller

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Michael Kelly

Business Listed By:
Michael Kelly

We Sell Restaurants

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Memberships & Certifications:
Indicates membership in The New York Association of Business Brokers (NYABB).


Sponsoring Broker:
Eric Gagnon

Listing Statistics

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Demographic Information

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