Listing ID: 68368

Business Overview

Asking Price: $240,000
Annual Cash Flow: $120,000
Location: Brooklyn, NY 
Square Footage: 6,000 sq. ft. (Two Floors)
Seating Capacity: 75 (Approved) — Can expand to 152 upon occupancy correction

Business Overview

A well-established Italian restaurant known for its authentic cuisine, full bar, and inviting atmosphere. The restaurant is fully equipped and turn-key, ideal for an experienced operator or a first-time owner looking to step into a profitable business with a strong foundation.

The owner is fully involved in day-to-day operations and is willing to provide training and transition support to ensure a smooth handover.

Key Highlights

Cash Flow: $120,000

Asking Price: $240,000

Employees: 3 Full-Time + 3 Part-Time Contractors

Chef, Sous-Chef, and Dishwasher willing to stay on post-sale

Liquor License: Full

Monthly Rent: $4,500 (to increase to $6,500 after occupancy update)

Lease Term: Through 2028

Monthly Operating Expenses: Approx. $15,000

Sales Mix: ~90% Dine-In / 10% Takeout

Condition: Excellent — all equipment in good working order

Included in Sale

FF&E: All restaurant furniture, fixtures, and equipment

Inventory: All food, wine, and liquor on hand at closing

Licenses & Permits: Liquor license, restaurant permits, insurance policies (disability, workers comp, general coverage)

Intangibles: Recipes, brand name, goodwill, and existing accounts

Equipment Highlights

Moretti Forni Pizza Oven

6-Burner Stove + Oven, Grill

6 Refrigerators, 5 Freezers, 3 Walk-in Coolers

Marble Pizza Station + Refrigerator

Toast POS System (2 terminals + handheld)

2 Ice Machines, 2 Deep Fryers, Faema Coffee Machine

Full Hood System, 12-Pour Bar Tap

Heater, 2 AC Units, 18-Camera Security System

(Dishwasher leased via Ecolab)

Operations & Systems

POS: Toast

Payroll: ADP

Reservations: Resy

Accounting: Managed by outside accountant

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $240,000
  • Cash Flow: $120,000
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:6,000
  • Lot Size:N/A
  • Total Number of Employees:6
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Other business interests.