• Listing ID: 1268370
  • (Seller ref: 21051)

Italian Restaurant & Clam Bar In Queens For Sale


Location:
Category:
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Asking price:
$750,000
Sales revenue:
$1,295,000
Cash flow:
$345,750
Years established:
1982
Employees:
2/2

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Italian Restaurant and Clam Bar on the water near the Queens/Long Island border. This business was rated one of the best and has been around for 30 years. It is an up scale restaurant with 30 employees and full liquor license included. Lots of room to grow. It has been pre approved for party room or outdoor dining. This popular branded name includes original winning recipes. Buyer can do more advertising, offer delivery & catering and add some outdoor seating. Lease is for 10 years with 2 five year options 20 years! Must include proof of funds. Includes flood insurance! Call broker for details Jim Aloi. Inventory Extra as they stock l;arge amounts of food & liquor.


Real Estate:
Lease

Support & training:
seller will train
Reasons for selling:
Illness
Financing available:
375,000 down & $375,000 FOR 60 months @7%
Furniture / Fixtures value:
$200,000
Inventory / Stock value:
$100,000

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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