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Financing: $199,000.00 Down and $100K over 4 yrs. @ 6.5% Reason for Selling:Lack of time STAND-ALONE SOUTH NASSAU COUNTY ITALIAN RESTAURANT FULL LIQUOR LICENSE • RECENTLY RENOVATED • MAJOR UPSIDE POTENTIAL Great reviews! Exceptional opportunity to acquire a beautifully renovated stand-alone Italian restaurant located on a major South Nassau County roadway with excellent visibility, strong demographics, and surrounding parking. This established restaurant offers seating for up to 100 guests, a full liquor license, a private party dining room, full basement, upstairs office space with private bathroom, and dedicated liquor/wine storage. The facility includes a fully equipped commercial kitchen with hood system and is positioned for a hands-on owner/operator or experienced restaurant group to significantly increase profitability. The current owners operate another full-time business and cannot devote sufficient time to this location. As a result, the restaurant is currently operating on a highly limited schedule: • Closed every July and August for vacation • Open only 5 days per week • Dinner service only • Closed Mondays Despite the limited operating hours and a 4-month closure in 2025 for a complete renovation, the business averaged approximately $69,899 per month in sales over the past 3 years. A major opportunity exists to expand revenue through: • Lunch service • Extended operating hours • Opening 7 days/week • Eliminating annual summer shutdowns • Catering & private events • Owner-operator management efficiencies The restaurant is currently overstaffed due to absentee ownership. A qualified full-time owner/operator replacing current management could achieve projected Seller’s Discretionary Earnings (SDE) of approximately $114,400 for 2025. Staff currently includes: • Full-Time Manager • Assistant Manager • Chef • 2 Sous Chefs • 2 Bartenders • 4 Servers • 2 Bus Staff • Dishwasher Lease & Facility Highlights: • New long-term lease available for qualified buyer (5 5 years) • Current rent: $7,500/month • Parking available behind building, on-street in front, adjacent lots, and across the street during evenings • 2 customer restrooms downstairs • Upstairs office with private bathroom Current Hours: Tuesday: 4 PM – 10 PM Friday: 4 PM – 11 PM Saturday: 4 PM – 11 PM Sunday: 3 PM – 9 PM Monday: Closed This is an outstanding opportunity for: • Experienced owner/operators • Restaurant groups • Hospitality investors • Families seeking an established turnkey operation with significant upside potential Buyer Requirements: Serious and financially qualified buyers only. Minimum liquid capital requirement: $199,000. Proof of funds will be required prior to scheduling a buyer/seller meeting. All inquiries are strictly confidential. Please do not contact staff, customers, or neighboring businesses regarding the sale. Motivated sellers — all reasonable offers will be considered. Contact: Mel Vaz 631-767-0157 melvaz@vestedbb.com |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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