Well-Established Italian Restaurant & Pizzeria Westchester County, NY
Business Description
Well-Established Italian Restaurant & Pizzeria Westchester County, NY
LISTING ID # 37708
Well-Established Italian Restaurant & Pizzeria –
Northern Westchester County
This well-known Italian restaurant and pizzeria has proudly served the Northern Westchester County community for over 50 years. After decades of success, the owner has decided to retire, creating an outstanding opportunity for a new owner.
The restaurant features three spacious dining rooms, a dedicated pizzeria area, and outdoor dining for the summer season. The business is currently operated only four days a week, serving lunch and dinner, leaving significant room for growth.
The business currently generates approximately $40,000 per week. A hands-on owner or experienced operator who expands the business to six days a week could potentially increase weekly sales to between $55,000 and $60,000 per week or more.
The lease offers excellent terms with a 10-year lease, no rent increase for the first two years, followed by a 3% annual increase, plus applicable real estate tax increases. The property also offers ample parking for customers.
This business is ideal for either an owner-operator or an absentee owner with strong management.
An additional opportunity is available for buyers interested in real estate ownership. The business may be purchased together with the property, or the buyer may negotiate an option to purchase the property at a future date. The sale price of the property is to be determined.
Well-Established Italian Restaurant & Pizzeria –
Northern Westchester County
This well-known Italian restaurant and pizzeria has proudly served the Northern Westchester County community for over 50 years. After decades of success, the owner has decided to retire, creating an outstanding opportunity for a new owner.
The restaurant features three spacious dining rooms, a dedicated pizzeria area, and outdoor dining for the summer season. The business is currently operated only four days a week, serving lunch and dinner, leaving significant room for growth.
The business currently generates approximately $40,000 per week. A hands-on owner or experienced operator who expands the business to six days a week could potentially increase weekly sales to between $55,000 and $60,000 per week or more.
The lease offers excellent terms with a 10-year lease, no rent increase for the first two years, followed by a 3% annual increase, plus applicable real estate tax increases. The property also offers ample parking for customers.
This business is ideal for either an owner-operator or an absentee owner with strong management.
An additional opportunity is available for buyers interested in real estate ownership. The business may be purchased together with the property, or the buyer may negotiate an option to purchase the property at a future date. The sale price of the property is to be determined.
About the Business
- Years in Operation
- 52
- Employees
- 21 (8 Full-time, 13 Part-time)
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Seller will train
Listing Info
- ID
- 2540173
- Listing Views
Listing ID: 2540173 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.
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