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Business for Sale Summary

High End Italian Restaurant in Westchester County, - 32721

Business Type: other eating & drinking places,restaurant/ cafes/ diners
High End Italian Restaurant in Westchester County,
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Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $350,000
Gross Revenues $1,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $300,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and TBD

Business Description

Beautifully renovated and decorated Italian restaurant located in one of the busiest and most affluent areas of Westchester County New York. 1000's of residents are located within walking distance. Featuring high end Italian cuisine, this eatery is over 2000 square feet and seats 90 guests, plus it has a large outdoor patio to seat another 50. The total construction costs is a tleast 1.5 million dollars. Upon entering, you cannot help but notice the gorgeous bar area with marble counter tops and rich mahogany wood, a separate brick oven pizza area looks as if it was imported directly from Naples. The entire place is designed with impeccable taste. The extremely large kitchen can feed a small army and all the equipment is well maintained and fully paid for. The entire floor plan is professionally laid out to handle the huge volume of daily patrons. The rent is reasonably priced for the area and there is a 20 year lease. This restaurant can easily remain Italian or with some minor cosmetic adjustments it can be transformed into any style imaginable. For example, a high end Japanese menu would be a home run since there are few Asian choices in the neighborhood. This is a Must See and the owner is very motivated to sell. Please do not say anything to the employees or patrons when visiting this location as they do not know it is for sale. Kindly contact Ross Lombardo at 877-735-5224 or contact me at rlombardo@vestedbb.com to make an appointment to speak with the seller.

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.