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#5175
New York City Restaurants For Sale

WELL ESTABLISHED ITALIAN RESTAURANT IN THE HEART OF BROOKLYN

$97,500
WELL ESTABLISHED ITALIAN RESTAURANT IN THE HEART OF BROOKLYN
This Listing is Expired

Want to see this place?  Select the link to the left "Sign NDA" and give me a call.

Big Price Reduction.  Owner Very Motivated.  Make an Offer!

This is truly one of the most established Italian restaurants in Brooklyn, with dedicated clientele.  Inside seats 105, and when weather permits, there is patio style seating. This is a turn key restaurant with a full bar serving the most premium brands available.

This highly rated restaurant serves the most authentic Neapolitan cuisine available, and backs it with top-notch customer service.  From Antipasto, to Pasta, to Chicken, Fish, Veal or Seafood, this restaurant serves it all.  Special events, and parties, are easily hosted at this restaurant.

The owner/operator is easily replaced by an experienced operator.  The staff is fully trained and experienced serving high end clientele. Huge well maintained kitchen.  No need to worry about parking as there is valet service.

If you want to own an Italian Restaurant, and be in business immediately, this is the place for you. 

 

 

 

 

Agent David Finkel DRE License #1040130952

Lease

Region:
New York City Restaurants For Sale
Lease Term:
New Lease
Total Monthly Rent:
$6,500

Financials

Last Year's Annual Gross:
$700,000

Operations

Liquor License:
yes
# of Full-Time Employees:
4
# of Part-Time Employees:
8
# of Working Owners:
1
Hours Open:
Open 7 Days Lunch and Dinner
Year Established:
1932
Hood System Type 1:
Yes
Hood System Type 2:
Yes

Facilities

Indoor Seating:
105
Outdoor Seating:
40
Inside Sq. Ft.:
3,500
Outside Sq. Ft.:
500

Highlights

  • Long Successful History
  • Great Location
  • Parking Valet Service

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 75,927 477,142 1,043,942
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 33,886 197,143 424,368
2010 Persons Per Household 2.30 2.65 2.79
Median House Value $531,000 $519,263 $543,846
Income Per Household $41,639 $47,914 $48,339
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 2,516 12,175 24,861
2012 Number Of Employees 34,010 210,286 442,782
2012 Total Annual Payroll $632,948,000 $3,333,175,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that MJ Kinney Brokerage, LLC.  DBA SellingRestaurants of New York ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.


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