Business for Sale

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Business for Sale Summary [Non-Confidential]

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Queens County, NY

Business Type: seller financing available,special situations,best deals!,illness forces sale!,retailing businesses,other eating & drinking places,pizza parlour,restaurant/ cafes,services businesses,catering and event planning

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Non-Confidencial Financial Infomation

  • Asking Price

    $750,000.00

  • Gross Revenues

    $1,295,000.00

  • Financing

    $ 375,000.00 Down and $375,000 FOR 60 months @7%

  • Owner's Cash Flow

    $345,750.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

Italian Restaurant and Clam Bar on the water near the Queens/Long Island border. This business was rated one of the best and has been around for 30 years. It is an up scale restaurant with 30 employees and full liquor license included. Lots of room to grow. It has been pre approved for party room or outdoor dining. This popular branded name includes original winning recipes. Buyer can do more advertising, offer delivery & catering and add some outdoor seating. Lease is for 10 years with 2 five year options 20 years! Must include proof of funds. Includes flood insurance! Call broker for details Jim Aloi. Inventory Extra as they stock large amounts of food & liquor.

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