Upscale Italian Restaurant and Bar with Catering

Asking Price$269,000

Cash Flow
$77,246
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$774,006

Inventory$10,000
Included in asking price
FF&E$60,000
Included in asking price
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Upscale Italian Restaurant and Bar with Catering


Asking Price$269,000

Cash Flow
$77,246
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$774,006

Inventory$10,000
Included in asking price
FF&E$60,000
Included in asking price

Seller Financing Available
Business Description
• Long standing, east side, upscale Italian restaurant and bar
• Located on a busy intersection, near a Wegmans Plaza
• Additional 1,000 square foot equipped catering space is included in asking price
• Very loyal clientele
• Menu consist of popular Italian and Chefs specials
• Family owned for 25 years
• Classic bar and lounge area
• 3,000 square feet of restaurant & bar space
• Open Wednesday thru Saturday currently, about 20 hours a week
• Plenty of parking, with additional parking available if needed
About the Business
Years in Operation
25
Number of Employees
12
Opportunities for Growth
Long standing restaurant that’s easy to operate. Ideal owner operator opportunity. Expanding hours will easily increase sales. Current business model is 20 hours a week of operation. Additional income can be discussed.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$5,515.00 per month
Lease Expiration
1/1/2026
About the Sale
Seller Motivation
Retirement
Transition Support
The current owner will do everything necessary to ensure a smooth transition of ownership.
Financing Options
Negotiable to a well qualified buyer.
Listing Info
ID
2350680
Listing Views
420

Contact Seller

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Business Listed by: Stuart Levy AMD Business Brokers

Listing ID: 2350680 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.