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Turnkey Italian Restaurant For Sale
Location: United States -> New York -> All of New York -> Buffalo
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

If you are interested and are willing to discuss this great restaurant investment further and have the funds and credit to back you please email me back to meet and discuss, no phone calls and no unannounced visits to the restaurant. Thank-you and good luck!

Turnkey Italian restaurant that has been open 7 plus years and i have been the 2nd owner for 5 plus years. This restaurant serves both food and wine and beer with a total seating of 60 plus people, including both indoor and outdoor seating. Restaurant serves lunch and dinner as well as take-out and banquets with a long history of success in a high growth area on Hertel avenue in ''little Italy''. The purchase of this existing business includes everything from the current staff, the name, and all of the equipment. Everything is already owned from the tables and chairs, to the coolers and freezers, to the stove and current inventory of food on premise. Current owner will stay with you, the potential owner until you are fully trained with a grasp on how to run the day to day operations of this business. Current owner will also help in the process of guiding you on how to obtain the proper permits and licenses needed to take over this business.

Updated outside within the last couple of years that include new sign, new awning, lights, shutters, brick, trim painted, website, all menus, etc..

Large parking lot area, turn key, ready to walk in & take over successful existing business that is already staffed.

Serious inquiries only please, must sign non-disclosure agreement

smart investment opportunity asking $150,000 firm on price, but willing to take $50,000 down and hold paper for the remaining $100,000 for 5 years at a very low interest rate. You will have the option to pay rent of around $2,000 to $2,500 a month and sign a 5 year lease. Contact for more information on this Italian restaurant for sale.


Financials

Asking Price Range:  < $250K
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $150,000
Seller Financing:  Yes

About The Business

Year Established:  2003
Number of Employees:  6 - 9
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Retirement from restaurant business.




Print Listing Id: 700141568
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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