Business for Sale - Extremely Popular Italian Restaurant - Buy a Business
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County, State:
Onondaga County
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NY
Business Type:
Entertainment, Other Eating & Drinking Places, Restaurant/ Cafes
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Non-Confidential Financial Information
| Asking: |
$
980,000
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Total Revenues: |
$
1,456,446 |
| Financing: |
490,000
down and
Balance held 48 months at 5% |
Cash Flow: |
$
466,070 |
Business Description
Extremely popular Fine Dining Italian Restaurant in business since 1982. Seven time winner of local culinary award for best restaurant in upstate New York. Full service bar seats 45. Dining area seats 100. Separate banquet facility seats 10-130. Banquet room has separate entrance, separate kitchen and separate bar. Located in the newly created "Little Italy". Beautifully decorated and flawlessly maintained. All mechanicals, kitchens, and walk in cooler/freezer new within three years. Only restaurant in Little Italy with a private parking lot. New owner would be eligible for empire zone and economic development benefits.
This business is about to be significantly positively effect by Destiny USA. Destiny USA will cover 13 million square feet, or about 300 acres. Its scope will far exceed that of the average enclosed shopping complex. Destiny would feature the expect retail stores, but also a 100 acre enclosed park, a six story rock and ice climbing wall, theatres to accommodate Broadway and fashion shows, 20,000 hotel rooms, and what is being billed as the “worlds largest marine life experience.” To understand the impact, simply look at the impact the Mall of America has had on the business community in Eagan, Minn.
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TO SEE CONFIDENTIAL FINANCIAL INFORMATION ABOUT THIS BUSINESS, REQUEST THE ADDRESS, OR CONTACT THE BROKER,
CLICK ON THE LINK ABOVE TO ADD THIS BUSINESS TO YOUR ONLINE PORTFOLIO (REGISTERED BUYERS ONLY)
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Extremely Popular Italian Restaurant For Sale
Listing Broker:
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