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, NY

Queens, NY, US
Added 3 days ago
Food & Beverage, Entertainment, Leisure, & Recreation, Retail Stores

Neapolitan pizza-focused Italian restaurant and full bar with private event space located in Long Island City, Queens, NY, operating for over 10 years.

Key Information

Asking

$480K

Revenue

$1.6M

Earnings

$264K

Multiple

1.8x

Key Highlights

  • Over 10 years in operation
  • Approximately 4,000 sq ft (2,000 sq ft main floor, 1,000 sq ft backyard, 1,000 sq ft basement)
  • 16-seat full bar, private dining room, backyard seating, event capacity up to 150 guests
  • New lease available at $15,000/month (all-in) with 4 years remaining on current option

Contact Info

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