Chic Italian Restaurant in Kings Co, NY - #32236 - 32236 Business Type: pizza parlour,restaurant/ cafes/ diners,seller financing available
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $196,000 | Down Payment | $98,000 |
| Gross Revenues | $900,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $80,000 | Number of FT Employees | Register Free to View |
Financing
$98,000 Down and Terms to be determined with qualified buyer
Business Description
Chic top-notch restaurant offering Italian cuisines. Located in an upscale and very busy area. Has very high and immediate exposure to foot and auto traffic. The hours of operation are 6 days of the week from 2:30pm to 10pm. The business has been established in the same location for over 20 years. Currently, the owner is looking to pursue other interests and is ready to relinquish ownership.
This is a turn-key Income producing profit center for the next qualified owner who is looking to expand into a new setting or Simply adding more locations to the current line-up. The seller just recently upgraded the Interior decor to further increase its upscale ambiance offering 15 full dining tables, 1 Bar with a liquor license, and a private area for special occasions which is a separate income stream from the main dining revenue.
The sale of the business includes all inventory, as well as the equipment. The seller is open to seller Financing on a case-by-case basis. Buyers must deal directly with sale of real estate through the seller. Excellent exposure in the industry. Kindly call Angel Chanliongco at (201) 694-5028 or 1-877-735-5224 for further information.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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