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LISTING ID # 26443
- Just wait until you see the Yelp reviews for this cozy Italian restaurant and wine bar opened downtown in 1999 by husband and wife owners. - As part of this sale, they are including a super-successful delivery and take-out business run under a different but equally highly-regarded name. It utilizes the same kitchen as the restaurant/wine bar and delivers between Canal St. & 23rd St. and from Avenue D to 6th Ave. - The restaurant/wine bar and delivery business each account for 50% of total sales. - Between them, these businesses have 20 employees with 6 delivery guys. Because of their extreme loyalty to their employees, the owners have been reluctant to pare down their staffing costs.Their cost of goods can be reduced, too. - There is a great kitchen and more than ample storage space in the restaurant's cavernous basement, including a valuably stocked wine room. - The lease runs for another 8 years. - Open Daily 11AM to 11PM. There is plenty of upside left for you should you know how to better advertise and market using social media. There is a lot of goodwill in the name of each, which can be built upon. - Please become a premium member at www.vestedbb.com to receive the address of this restaurant and wine bar to do a discreet walk by, then email or call Senior Vested Business Broker Jim Aloi for an appointment to take a full tour and speak with the seller. Additional financial information will be released to you by the sellers when there is a comfort level established.
For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-26443 for instant access to this business information.
Seller will train
174,000.00 Down & $75,000 over 3 years at 7%$50,000 of wine inventory is not included in asking price
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