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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New York Businesses For Sale Categories   >>   

Italian Restaurant For Sale

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $434000
Net Profit / Cash Flow  $63600
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  4 - 5
Inventory  $3000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Reason for Sale  Personal.
Description  Very upscale 1 year old Italian Restaurant located in Suffolk South shore area, location location! Located near the water must see! Current Owner is a teacher so he only opens 4 or 5 hours daily after 4pm-till 9pm. This listing has nine year lease but can get longer lease. Located in busy shopping strip with 2 major tenants. They have a beer & wine license buyer can add liquor. Seller waited 3 years for permits to open. Build out cost $325,000 all new including state of the art fully equipped kitchen. Seats about 50 this family style restaurant can be changed to a high volume pizza place. Seller will give this wonderful listing at a very attractive price. Experienced buyer can promote and or change venue $100,000 down gets business! If you ever dreamed of owning your own place this is it its a warm cozy place. Bottom line will benefit from an owner/operator. Includes $125,000 in new equipment. Contact Jim Aloi for more information on this restaurant for sale.
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