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BUSINESSES FOR SALE

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   >>   

Huge Oportunity Italian Restaurant

Location  New York,United States
Asking Price Range  $250K - $500K
Gross Revenues  $718066
Net Profit / Cash Flow  $88443
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1969
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  DO NOT MISS THIS OPPORTUNITY......This Elegant Italian Restaurant in Prime Nassau County Location was First established in 1954, Has seating for 100 and a seperate bar area. They were doing $30K/week before partnership problems currently doing over 15k per week run basically absentee. The more experienced of the two co-owners runs another restaurant in NYC and has health issues which prevent him from doing justice to this one. Over 30% of revenue comes from private parties. You might want to consider adding back weekday lunches and weekend brunches. Re-pricing menu and more advertising could revive fortunes here, too. Air-conditioning and refrigerated units brand new. This is a turnkey opportunity, which would cost significantly more to build-out from scratch. call Craig Renard for an appointment to take a full tour and speak with the current owner (11am best time for showing).
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