Italian Restaurant & Bar for Sale in New York - 36663

Financing

$1,200,000 Down and TBD

Business Description

This upscale 5,700-square-foot restaurant and bar, seating 170 guests, is located in a highly desirable, bustling area of an up-and-coming town with heavy foot traffic. Built 8 years ago at a cost of $2.2 million, the property is well-equipped with a large kitchen featuring walk-in refrigerators, a full-service sit-down bar, 3 dining rooms, a catering room, and 5 restrooms. Despite its prime location and excellent setup, the current owner operates with limited hours (6 days a week), does not offer Sunday brunch, and has scaled back catering services, leaving significant room for growth. A motivated buyer with strong marketing and operational skills could double the current revenue by expanding hours, introducing Sunday brunch, and offering entertainment such as a DJ or live music. This rare opportunity is ideal for an experienced buyer looking to capitalize on the restaurant’s untapped potential. The listing may qualify for bank financing. For more information, contact Broker Jim Aloi at 631-375-4100.

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