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Italian Restaurant Netting 900K For Sale

Brooklyn, NY

$2.5M
Asking Price
$2.5M
Revenue
$900K
Cash Flow

Overview

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....

Key Details

Year Established12
StateNY
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