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Italian Restaurant with Great Visibility for sale in Queens, NY

Queens, New York (NY)

Asking Price: Gross: Cash Flow:
$ 225,000 $ 675,000 $ 150,000

Furniture and Fixtures Value:
$ 350,000 (included in the asking price)

Business Summary:
This Profitable Italian restaurant has been doing business for over 30 years and is located where ALL the action is in Queens, New York. TREMENDOUS location with TONS of potential to increase the business. The owner is now of an age that he would like to slow down and let a new generation purchase this great business. They are located near tons of activity including hospitals, medical buildings, Class A office buildings, homes, apartments and a younger more aggressive owner could DRAMATICALLY propel the sales of this restaurant by delivering to all the office-medical buildings & commercial accounts in the area. They are also well known for catering private parties, lunches and office gatherings. Currently their sales are approximately 85% food and 15% liquor. You must see this beautiful restaurant with an attractive and relaxing atmosphere. Open just six days a week. Please refer to listing # 14147 when inquiring about this listing.

 

   
Year Business was Established: 1985
   
Number of Employees: 10  
   
Owner willing to train: Yes  
   
Seller Reference Number: 14147
BusinessMart.com Listing Number: 241283
 

 

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For more info contact:

Ken Stein

Kensington Company & Affiliates
516-626-2211

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