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Asking Price$1,100,000
Revenue$2,300,000 Established1939
Cash Flow$450,000 Employees12 full, 13 part
FF&E$300,000 FranchiseNo
Inventory$100,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
LISTING ID # 33498
Since 1938, this Italian Restaurant is serving the local community in a very reputable way. It is located in one of the richest areas on Long Island. Its gross sale is over 2.2 million a year; has it own bar. It has the seating arrangement of 100 guests at a time. All the employees have been working for many many years and are willing to work with a new owner. The restaurant is known for its scrumptious and mouthwatering dishes. All day to day business is fully computerized and is openly verifiable. Seller wants to sell with property for 2.9 million. The existing loan is transferrable. Seller's net cash flow, after all the expenses is over $450,000 a year. Property is being sold through PMTG Reality. It is once in a life time opportunity to buy this kind of highly profitable business. Call Syed at 631-374-7686 for more information. Proof of funds is a must.

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Training/Support:Seller will train
Seller Financing:900,000.00 Down & 200K at 9% over 36 months
Sale Reason:Personal
Ad #132541
Seller Reference #33498
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