Local Italian Restaurant for sale in NY - 34870 Business Type: other eating & drinking places,pizza parlour,owner financing available,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $325,000 | Down Payment | $325,000 |
| Gross Revenues | $800,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $200,000 | Number of FT Employees | Register Free to View |
Financing
$325,000 Down and
Business Description
Beautiful old school Italian restaurant located in the flourishing neighborhood of Manhattan. NETS 200k! Very well known! 1700 square feet, seats 64 inside and an additional 12 seats outside. During the summer months, the street is closed to vehicles and they are allowed to add an additional 24 seats. There is a large kitchen with a 14 foot hood, a 12 burner stove as well as a brick oven and a huge prep area. There is an additional 800 sq ft basement.Owner owns the building and will act as your landlord. Great new 10 year lease, rent well below market at only12,500/mo. Owner retiring.
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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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