Established Restaurant for Sale - 37829 Business Type: non-classifiable establishments,nutrition & health food,other eating & drinking places,other food stores,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $375,000 | Down Payment | $375,000 |
| Gross Revenues | $825,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $145,000 | Number of FT Employees | Register Free to View |
Financing
$375,000 Down and
Business Description
Established Restaurant for Sale
WESTCHESTER COUNTY | PROPERTY ALSO AVAILABLE
Serving the community for almost five decades, this well-established restaurant is now available for sale. Featuring two dining rooms and a beautiful wine cellar, it offers an inviting setting for everyday dining, private parties, and special events.
The spacious layout includes:
-
A main dining room accommodating up to 75 guests.
-
An additional dining room accommodating 20–25 guests.
-
A wine cellar accommodating up to 20 guests for special private events.
This is an excellent opportunity for an owner-operator to build on the restaurant's longstanding presence in the community.
Asking Prices
BUSINESS ASKING PRICE: $375,000
BUILDING ASKING PRICE: $1,550,000
Buyers may purchase the restaurant and property together, or purchase the business and lease the property with an option to buy after a couple of years, subject to agreed-upon terms.
Rent for the first-floor restaurant and wine cellar is $9,000 per month under a triple-net lease, with applicable common charges, real estate taxes, insurance, and maintenance expenses payable in addition to the base rent.
An additional banquet room on the second floor, accommodating approximately 70 guests, is available for an estimated separate rent of $3,000 per month. Renting this space is entirely optional; buyers may lease only the first-floor restaurant and wine cellar. Alternatively, buyers may lease the entire building and sublease the second floor themselves, subject to the lease terms.
Don't miss this opportunity! For more information, please contact:
Pietro Siciliano | 914-760-5744
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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.
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