Back to businesses for sale
Accommodation & Food Services
Food & Beverage

Italian Restaurant Netting 900K

Brooklyn, NY, USA
Listed 16 days ago

HS Listing ID-72824 Established 12 years Seats 79 people inside plus 36 people outdoor seating Party room fits 26 people comfortably Private wine cellar for special occasions fits roughly 14 people comfortably Full liquor license Open 7 days a week, Monday-Friday 5:00pm-11:30pm. Saturday/Sunday 10:30am-11pm Very minimal delivery not really on the delivery platforms which can be a big value add Centerpiece of the deal is the wine inventory which is discounted. 5,000 bottles wholesaling at 1.2 million. Restaurant list price is 2.5 million. The wine is featured in cataloged lists accounting for about 30 events a month. Business price without wine is 2.5 million. Business price with wine 3.6 million. Huge value is owner is willing to stay on and train for a transitional period 3-24 months terms to be discussed. Rent: 14,900 per month -5 + 5, 6.5 years remain Water 300/ month Taxes & Utilities included in rent price Staffing: chef, 5 kitchen staff, GM, 11 servers. SBA pre-qualification. Seller finance available. A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Employees

23

Real Estate

Lease

Leasehold Rent

$178,800 per annum

Owner Financing

Owner financing is available. Please contact the seller for more information.

Years Established

12

Support & Training

Owner is willing to stay on and train for a transitional period 3-24 months terms to be discussed.

Reason for Selling

Other business interests.

Financials

Asking Price
$2.5M
RevenueMost Recent Year
$2.5M
Earnings (SDE)Last Reported
$900K
Assets Value
Undisclosed
Seller Financing
Not available

Interested in this business?

Get in touch with the seller to ask questions and learn more.

Get Expert Help with your acquisition

Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.

Similar Listings

Profitable Franchise Juice & Coffee Café with Expansion Rights

Profitable Franchise Juice & Coffee Café with Expansion Rights

Broward County, FL, USA
Updated 4 hours ago
Verified about 4 hours ago
Asking Price
$375K
Earnings
$139K SDE
Fully Remodeled Fast Casual Restaurant Q1 2025

Fully Remodeled Fast Casual Restaurant Q1 2025

Palm Beach County, FL, USA
Updated 4 hours ago
Verified about 4 hours ago
Asking Price
$199K
Earnings
Undisclosed
Profitable Custom Cake & Dessert Business with Catering

Profitable Custom Cake & Dessert Business with Catering

Broward County, FL, USA
Updated 4 hours ago
Verified about 4 hours ago
Asking Price
$200K
Earnings
$50K SDE