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Accommodation & Food Services

Turnkey Full Service Italian Restaurant Opportunity

Manhattan, NY, USA
Listed 56 days ago

HS Listing ID-72796 Sixteen years in the same Harlem location isn’t longevity — it’s proof of concept. This full-service Italian restaurant has become a neighborhood institution, built on a loyal, dine-in-driven customer base and a reputation that took over a decade and a half to earn. Manager-run and fully staffed, it’s a genuine, turnkey handoff for an owner-operator or investor looking for a stabilized asset with real earnings behind it, not a startup risk. 16 Years Established, Turnkey Full-Service Restaurant Harlem, NY Asking Price: $750,000 Gross Revenue: $2,681,092 SDE: $469,613 (Adjusted) 33 Employees, Manager-Run Operation 16+ Years in Operation Rent: $15,000/month (6–7 years remaining, plus renewal option) A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Lease Terms

6–7 years remaining, plus renewal option

Real Estate

Lease

Leasehold Rent

$18,000 per annum

Reason for Selling

Other business interests.

Financials

Asking Price
$750K
RevenueMost Recent Year
$2.7M
Earnings (SDE)Last Reported
$470K
Assets Value
Undisclosed
Seller Financing
Not available

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