Turn key Restaurant for sale

Staten Island, NY (Richmond County)

Turn key Restaurant for sale
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Asking Price: $125,000

Cash Flow: N/A

Gross Revenue: $220,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1.84 /Month

Established: 2018

Turn key Restaurant for sale

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Business Description

Italian Restaurant

Italian restaurant for sale with wine and beer license. Seats up to 32 people comfortably and has a backyard for additional outdoor seating. Full kitchen with 10 burner stove, griddle, grill, deep fryer all new appliances less than 1 year old. Everything included in the sale. POS System, current inventory, All appliances, etc. Access to basement for additional storage, new heat/air conditioning ductless unit less than 3 months old, camera system with access from mobile device. Everything was built brand new. Two newly renovated bathrooms and great decor through out. Can also build a wood burning brick oven to make pizzas as already included in blueprints . You will NOT find a place VERY great opportunity for a good cost. Rent is currently $2200, Yes $2,200 that is correct and is a 5 year lease term with option to renew up to 20 years with no increase till after the 5th year but no more than 10% increase from current lease. Can keep it as is or convert into whatever type of restaurant you'd like. PLEASE DO NOT DISRUPT THE BUSINESS DURING BUSINESS HOURS! Contact privately.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,200
Lease Expiration:
3/8/2023
Employees:
4
Facilities:
Beverage refrigerator, large double door refrigerator, single door freezer, two worktop refrigerators, 10 burner stove, deep fryer, grill, griddle, ice machine less than 6 months old, heat lamp already installed, high temperature dishwasher, full kitchen that was remodeled and less than a year old. (Home Based)
Competition:
No other Italian Restaurant on the same road.
Growth & Expansion:
Big room for growth. Location is building up, new outlets being built not too far away, will be a great asset over the course of the next few years.
Support & Training:
Will support and train if requested
Reason for Selling:
Owner relocating
Home-Based:
This business is Home-Based
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Business Listed By:
Not Disclosed

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