Italian Restaurant & Bar – $1.6M Revenue – $263K SDE – Prime Location - Business for Sale

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Italian Restaurant and Bar in Long Island City, Queens

Queens, NY, US
Added 2 months ago
Italian Restaurant & Bar

Neapolitan pizza-focused Italian restaurant and full bar operating for over 10 years in Long Island City, Queens, offering dine-in, bar, private events, takeout, delivery, and catering services.

Key Information

Asking

$480K

Revenue

$1.6M

Earnings

$264K

Multiple

1.8x

Key Highlights

  • Business operates in a 4,000 sq ft space (2,000 sq ft main floor, 1,000 sq ft backyard, 1,000 sq ft basement)
  • New lease available at $15,000/month (all-in), with 4 years remaining on current option
  • Restaurant includes a 16-seat full bar, private dining room, and backyard seating
  • Business has operated for over 10 years in Long Island City, Queens

Contact Info

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