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Beautiful Italian Restaurant With Large Wine Inventory, Discounted And Included For Sale

Brooklyn, New York, US
Asking Price:
$3,600,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,500,000
Cash Flow:
$900,000

HS Listing ID-72824


Established 12 years
Seats 79 people inside plus 36 people outdoor seating
Party room fits 26 people comfortably
Private wine cellar for special occasions fits roughly 14 people comfortably
Full liquor license

Open 7 days a week, Monday-Friday 5:00pm-11:30pm. Saturday/Sunday 10:30am-11pm

Very minimal delivery not really on the delivery platforms which can be a big value add

Financial growth: 2024 1.7 million net sales. 2025 2.3 million net sales. 2026 2.5 million net sales.

Centerpiece of the deal is the wine inventory which is discounted and included in the 3.6 million asking price. 5,000 bottles wholesaling at 1.2 million. Restaurant list price is 2.5 million. Full retail price is 4 million. Being priced in deal at 1.1 million. The wine is featured in cataloged lists accounting for about 30 events a month. Business price without wine is 2.6 million. Business price with wine 3.6 million.

Huge value is owner is willing to stay on and train for a transitional period 3-24 months terms to be discussed.
Rent: 14,900 per month -5 + 5, 6.5 years remain
Water 300/ month
Taxes & Utilities included in rent price
Staffing: chef, 5 kitchen staff, GM AKA owner, 11 servers.
SBA pre-qualification. Seller financing available.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Property Information

Real Estate:

Lease

Leasehold Rent:

$178,800 per annum

Business Operation

Reasons for selling:

Other business interests.

Employees:
23
Years established:
12

Other Information

Support & training:

Owner is willing to stay on and train for a transitional period 3-24 months terms to be discussed.

Owner financing:
Owner financing is available. Please contact the seller for more information.