Italian Steakhouse & Sushi Restaurant$45K-$55K a Week. Fully Renovated. ONLY 695k NEGOT

New york (Nassau)

  • Listing Number: 12364
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Financial Information

  • Asking Price: $695,000

  • Gross Income: $2,600,000

  • Cash Flow: $395,020

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Description

For Sale: Thriving Italian Steakhouse & Sushi Cocktail Bar
 
Location: Prime spot with municipal parking for 200 cars right across the street.
 
Business Highlights:
 
Revenue: $45,000 to $55,000 per week, open 6 days a week for dinner only.
Seating: 90 tables inside, 16 at the bar, and a covered outdoor space with 100 seats available year-round for parties and reservations.
Renovation: Fully gut renovated 4 months ago with no expense spared.
Owner: Retiring after 30 successful years.
Opportunities for Growth:
 
Open for lunch to increase revenue.
Book more private parties in the spacious outdoor area.
Add a delivery and takeout menu.
Introduce weekly specials and events to attract more customers.
Financials:
 
Rent: $13,000 per month, including real estate taxes, which is below market rent for such a large restaurant and outdoor space.
Facilities: Full basement for storage and operations.
This is a rare opportunity to own a beautifully renovated, high-revenue restaurant with immense potential for further growth. Perfect for an ambitious new owner ready to take it to the next level!

Property Information

  • Listing Number: 12364
  • State: New york
  • County: Nassau
Active Listing

Listing Agent

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Daniel Dursunian

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Disclaimer

The financial information herein has been provided by the seller. East Coast Business Brokers & East Coast Realty Partners or its "brokers"agents" make no claim to have verified this information. We recommend that the buyer conduct his own do diligence and perform the financial verification needed to conclude any due diligence. The buyer understands that they will hold ECS or ECBB harmless of any claims resulting in misrepresentation by the seller.

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