Old Fashioned Italian Restaurant & Property
Location:
United States
->
New York
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
This type of opportunity is rare. 20 years established, this restaurant rests on a 5,000 square foot facility. Real estate included. Lots of room for catering, parties, and other improvements. Seller and bank financing is available. The sale includes a 5,000 square foot restaurant and a multifamily piece of real estate which includes 2 one bedroom apartments and a parking lot. Contact for more information on thisItalian Restaurant for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$901,548
Cash Flow:
$234,445
Cash Flow Type: Sellers Discretionary Cash
Inventory: $20,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1980
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: The seller is willing to stay on board for a reasonable period of time after closing.
Reason For Selling: The owner is burnt out after his divorce.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 70050285
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