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Location, Location Location Restaurant / Catering
Location New York,United States
Asking Price Range < $250K
Gross Revenues $350000
Net Profit / Cash Flow $132000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 6 - 9
Inventory 120000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Negotiable.
Reason for Sale Retireing.
Description Perfect turnkey operation in booming bustling town. Millenium Pipeline (milleniumpipeline.com) being constructed through area creating economic growth. We've expanded this Italian-American restaurant over the last 18 years to include Catering on and off site capabilities and Buffet and salad bar in house. We are the largest and most comfortable restaurant in town providing excelent service to large lunch crowds after school sport parties, birthday bashes and family dining.
Facilities: Free standing building with plenty of parking. Located on main street with great street exposure. Over 90 seats. 9,576 sq ft includes a full basement and upstairs. Large dining areas, spacious kitchen, prep, walkin, storeage in basement. Several stairways for customer ease and access. Three entances and exits. Large glass windows looking out to the main street. Ouside patio ready!
Competition: All other large restaurants are located out of town and are upscale. We provide the largest menu at the most affordable prices. This place has a great reputation for outstanding food. Surrounded by residential communities and businesses.
Growth: The possibilities are endless! Use the upstairs for ding and/or catering or rentals to generate fast income.
Why selling: We are looking to retire due to age and health issues. This restaurant has helped our large family grow and prosper over many years and will generate a wealthy income for an energetic buyer. Contact for more information on this Restaurant for sale.
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