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Beautiful Italian Lounge Operating Absentee
Location: United States -> New York -> Nassau County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

A one of a kind, million dollar, hot spot is for sale on long island. This Italian Lounge has a great reputation mainly due to its unique atmosphere. This is the perfect place to grab a drink or a great Italian-American meal. They are open six days a week for dinner and three days a week for lunch and brunch. This business is operating 100% Absentee and the current owner has no previous food service experience. No expense was spared in creating this beautiful destination as it has been completely renovated in the past year, and customers love to come back. They have many promotions in place such as ladies night every Thursday night. The lounge is located on a busy main road and is walking distance to the local train station. The property can be included in the purchase at the buyer’s request. Please refer to listing number 11690 when inquiring about this opportunity.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,000,000
Cash Flow:   $120,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2010
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

Photos

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Beautiful Italian Lounge Operating Absentee Photo 1




Print Listing Id: 700208000
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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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