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Businesses For Sale > Business For Sale in Nassau County, New York (NY)

STAND-ALONE ITALIAN RESTAURANT for sale in Nassau County, NY

Nassau County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 299,000 Undisclosed $ 144,400

Furniture and Fixtures Value:
$ 250,000 (not included in the asking price)

Inventory Value:
$ 6,000 (not included in the asking price)

Business Summary:
LISTING ID # 37604STAND-ALONE SOUTH NASSAU COUNTY ITALIAN RESTAURANTFULL LIQUOR LICENSE • RECENTLY RENOVATED • MAJOR UPSIDE POTENTIALGreat reviews!Exceptional opportunity to acquire a beautifully renovated stand-alone Italian restaurant located on a major South Nassau County roadway with excellent visibility, strong demographics, and surrounding parking.This established restaurant offers seating for up to 100 guests, a full liquor license, a private party dining room, full basement, upstairs office space with private bathroom, and dedicated liquor/wine storage. The facility includes a fully equipped commercial kitchen with hood system and is positioned for a hands-on owner/operator or experienced restaurant group to significantly increase profitability.The current owners operate another full-time business and cannot devote sufficient time to this location. As a result, the restaurant is currently operating on a highly limited schedule:• Closed every July and August for vacation• Open only 5 days per week• Dinner service only• Closed MondaysDespite the limited operating hours and a 4-month closure in 2025 for a complete renovation, the business averaged approximately $69,899 per month in sales over the past 3 years.A major opportunity exists to expand revenue through:• Lunch service• Extended operating hours• Opening 7 days/week• Eliminating annual summer shutdowns• Catering & private events• Owner-operator management efficienciesThe restaurant is currently overstaffed due to absentee ownership. A qualified full-time owner/operator replacing current management could achieve projected Seller’s Discretionary Earnings (SDE) of approximately $114,400 for 2025.Staff currently includes:• Full-Time Manager• Assistant Manager• Chef• 2 Sous Chefs• 2 Bartenders• 4 Servers• 2 Bus Staff• DishwasherLease & Facility Highlights:• New long-term lease available for qualified buyer (5 5 years)• Current rent: $7,500/month• Parking available behind building, on-street in front, adjacent lots, and across the street during evenings• 2 customer restrooms downstairs• Upstairs office with private bathroomCurrent Hours:Tuesday: 4 PM – 10 PMFriday: 4 PM – 11 PMSaturday: 4 PM – 11 PMSunday: 3 PM – 9 PMMonday: ClosedThis is an outstanding opportunity for:• Experienced owner/operators• Restaurant groups• Hospitality investors• Families seeking an established turnkey operation with significant upside potentialBuyer Requirements:Serious and financially qualified buyers only.Minimum liquid capital requirement: $199,000.Proof of funds will be required prior to scheduling a buyer/seller meeting.All inquiries are strictly confidential. Please do not contact staff, customers, or neighboring businesses regarding the sale.Motivated sellers — all reasonable offers will be considered.Contact:Mel [email protected] For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-37604 for instant access to this business information.

 

   
Year Business was Established: 2023
   
Number of Employees: 6 FT/8 PT  
   
Owner willing to finance: 199,000.00 Down & $100K over 4 yrs. @ 6.5%  
   
Owner willing to train: Seller Will Train  
   
Reason for selling: Lack of time  
   
Seller Reference Number: 37604
BusinessMart.com Listing Number: 322258
 

 

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