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Business for Sale Summary

Chic Italian Restaurant in Kings Co, NY - #32236 - 32236

Business Type: pizza parlour,restaurant/ cafes/ diners,seller financing available
Chic Italian Restaurant in Kings Co, NY - #32236
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This business has received 17 indications of interest - Act Quickly!

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.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.