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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   >>   

Beautiful Stand Alone Italian Restaurant

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $1106000
Net Profit / Cash Flow  $212000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1979
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller Will train
Reason for Sale  Personal
Description  Beautiful Stand Alone Italian Restaurant with its own 24 space parking lot. This 5500 sq. ft. South Shore business has been family owned and operated for the past 32 years. They offer seating for 160 with a bar, main dining room and two private rooms for parties, big and small. The business owner is the landlord and will offer a generous, triple - net, 10 year lease with a 5 year option and the first right of refusal on the property. In 2009 the business grossed approx. $1,200,000.00 with a Net Income of approx. $212,000.00 Sales are split almost 50/50 between eat-in and catering. We are looking for an energetic restaurateur to take this to the next level. Serious and experienced inquiries only. Please be prepared to provide Proof of Funds for at least $400K. Call or email Mel Vaz today to learn more at 631-909-1095.
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