Busy Italian Restaurant For Sale

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Listing ID: 700315862

Listing Title: Busy Italian Restaurant For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=315862

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: United States

State / Province: New York

Area New York City Area

City: Forest Hills

Asking Price Range: $250K - $500K

Gross Revenues: $1,100,000

Cash Flow: $250,000

Cash Flow Type: EBITDA

Year Established: 2014

Number of Employees: 6 - 9

Business Description:
Italian Restaurant is located in the '' new'' restaurant row of Forest Hills .Busy street near Subway, supermarket, church and major condominium . Easy street parking . 1700 square feet, basement(share entrance) Rent $9K. Established for 10 years, recently relocated . Owner have other business interest and his handing off this EXCELLENT opportunity. 10 years left on the lease. New Full liquors license. Average $23K weekly even with the proper awning NOT installed. Well trained employee business could run by itself. Low payroll and food cost. 15 minutes away from Restaurant Depot. Contact by Cell phone or e-mail only, any attempt to contact the restaurant directly will not be considered. Show contact info , show contact info NO BROKER. Confidentiality Agreement will be required to sign in order to see the location. We will show the location either morning(8;30 AM to 9:30AM) or late night (10:30PM to 11:30 PM) upon receive an appointment. Selling Price $350K Revenue :$1,100K Earnings : $250K Furniture-Fixtures-Equipment: $25K Number of Employee : 10



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