Italian Pizzeria Ristorante (#22660)

Business Overview:

Thriving Italian Restaurant for Sale in Western Suffolk County:  A Legacy of Authentic Italian Cuisine: Family-Owned and Operated for 46 Years:  This esteemed Italian restaurant has been a fixture in the community for nearly half a century. Family-owned and operated, it has garnered a loyal customer base and a stellar reputation for its authentic Italian dishes. The dining area underwent a complete renovation two years ago, enhancing the dining experience for all guests. This is a rare opportunity to take over a respected institution with deep roots in the local area.

Prime Location with Reasonable Rent:  Located in a vibrant area of Western Suffolk County, this restaurant benefits from high foot traffic and excellent visibility. The rent is exceptionally reasonable at $5,400 per month, all-inclusive. The lease terms are favorable, with 10 years remaining and a 5-year option, ensuring long-term stability with rent increases only every five years, not annually. This makes it a financially sound investment for both new entrepreneurs and seasoned restaurateurs looking to expand.

High Revenue with Growth Potential

Currently grossing $20,000 per week, this Italian restaurant nets an impressive $200,000 annually. Despite its success, there is significant room for growth. The business is currently open six days a week from Tuesday to Sunday, 11 AM to 8 PM. Extending the hours and opening seven days a week could substantially increase revenue. This is an ideal spot for an owner-operator to step in and maximize its potential.

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Property Features and Assets:

Full Liquor License and Modern Amenities:  The restaurant holds a coveted liquor license, adding a lucrative revenue stream to its diverse offerings. The modern dining area, which seats 50 guests within 1,800 square feet, provides a comfortable and inviting atmosphere. Additionally, the business has been updated to include a new homemade dessert showcase, featuring daily fresh Italian desserts that attract both new and returning customers.

1800 SF.  Monthly Rent:  $5,500.  Lease ends:  5/31/2039

Market Competition and Expansion:

A Turnkey Operation Ready for Success:  This Italian restaurant is truly a turnkey operation, perfect for someone entering the restaurant business or expanding an existing portfolio. The current owner is retiring, creating a unique opportunity to acquire a well-established, profitable business. With its strong community presence, high takeout volume, and substantial room for growth, this restaurant offers a seamless transition and a promising future for the next owner.

Don't miss this chance to own a piece of local history and continue a legacy of authentic Italian cuisine and exceptional service. Contact us today to learn more about this exceptional opportunity.

Reason for Selling:

Additional Details:

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