Financial Information


  • Asking Price: $200,000

  • Gross Income: $

  • Cash Flow: $0

Description

 


For Sale or Lease: Prime North Shore Italian Restaurant – Turnkey Asset Sale or Property Purchase Opportunity

A rare opportunity has become available in one of the most desirable locations on the North Shore. This recently closed 4,000 sq. ft. Italian restaurant is now available as an asset sale, including all FF&E (furniture, fixtures & equipment), with the option to lease the space under a new favorable lease.

Alternatively, the property itself is also available for purchase, making this a flexible and strategic investment for the right operator.


💼 Key Details:

 

  • Asset Sale (Key Money): $200,000 – Includes all FF&E and rights to a new lease ( Negotiable with a qualified, experienced buyer)

  • Asset sale with new lease @ $200K key money includes rental income from apartment

  • Property Asking Price: $2,250,000 – Includes business, building, and rental income from upstairs apartments


🔑 Features:

 

  • Full Bar & Outdoor Patio – Ideal for year-round dining and private events

  • Prime High-Traffic Location – Excellent visibility on a busy main road

  • Fully Equipped Kitchen – Designed for high-volume operations

  • Additional Rental Income – Includes upstairs apartments for ongoing cash flow


🚀 Ready for a New Operator:

 

This location was previously home to a well-known trattoria and is turnkey ready for an experienced restaurateur to rebrand or revive. With the right concept, this space has tremendous upside.


📈 Growth Potential:

 

  • Launch catering or delivery services

  • Host private events or seasonal promotions on the patio

  • Reintroduce or elevate the bar program

  • Capitalize on the high visibility and affluent customer base


Whether you're looking to lease a fully outfitted space with low startup costs or acquire the real estate for long-term investment and ownership, this is a rare chance to enter a high-demand market with minimal build-out required.

📞 Contact:
Sagar Bhalerao
📱 646-773-0113
📧 sagar@eastcoastbusinessbrokers.com

Serious inquiries only – proof of funds required.

Property Information

  • Listing Number: 12413
  • State: New york
  • County: Suffolk

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