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Businesses For Sale   >>   Banquet Businesses For Sale   

Turnkey Italian Restaurant For Sale

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2003
Number of Employees  6 - 9
Inventory  150000
Relocatable  No
Number of Employees  6 - 9
Real Estate  Owned
Training  Yes.
Reason for Sale  Retirement from restaurant business.

Description  
If you are interested and are willing to discuss this great restaurant investment further and have the funds and credit to back you please email me back to meet and discuss, no phone calls and no unannounced visits to the restaurant. Thank-you and good luck! Turnkey Italian restaurant that has been open 7 plus years and i have been the 2nd owner for 5 plus years. This restaurant serves both food and wine and beer with a total seating of 60 plus people, including both indoor and outdoor seating. Restaurant serves lunch and dinner as well as take-out and banquets with a long history of success in a high growth area on Hertel avenue in ''little Italy''. The purchase of this existing business includes everything from the current staff, the name, and all of the equipment. Everything is already owned from the tables and chairs, to the coolers and freezers, to the stove and current inventory of food on premise. Current owner will stay with you, the potential owner until you are fully trained with a grasp on how to run the day to day operations of this business. Current owner will also help in the process of guiding you on how to obtain the proper permits and licenses needed to take over this business. Updated outside within the last couple of years that include new sign, new awning, lights, shutters, brick, trim painted, website, all menus, etc.. Large parking lot area, turn key, ready to walk in & take over successful existing business that is already staffed. Serious inquiries only please, must sign non-disclosure agreement smart investment opportunity asking $150,000 firm on price, but willing to take $50,000 down and hold paper for the remaining $100,000 for 5 years at a very low interest rate. You will have the option to pay rent of around $2,000 to $2,500 a month and sign a 5 year lease. Contact for more information on this Italian restaurant for sale.


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