Turnkey Italian Restaurant in Queens, NY with $320K Revenue and $60K SDE
Financial Details
- Asking Price:
- $120,000
- Annual Revenue:
- $320,000
- Cash Flow / SDE:
- $60,000
- Profit Metric:
- SDE
- Valuation Multiple:
- 2.0x
- Location:
- Queens, NY, US
- Source:
- Date:
- September 25, 2025
Key Highlights
Description
This is a turnkey, established Southern Italian Restaurant located in Queens, NY, founded in 2018. The business boasts a strong reputation with a 4.6 customer rating and offers a profitable operation with significant growth potential. Key highlights include an exclusive catering partnership with MLB teams at Citi Field, a loyal customer base with substantial social media and email engagement, and a 55-seat capacity with outdoor dining potential. The facility features a fully upgraded kitchen, recent roof replacement, and is in excellent operating condition. Trained staff may be available to transition to new ownership. Currently operating five evenings a week, there is substantial opportunity to expand hours, add lunch service, and grow catering operations. Financials indicate approximately $320,000 in annual revenue and $60,000 in Seller's Discretionary Earnings (SDE), with an asking price of $120,000. The lease is favorable, with 8 years remaining at $3,500 per month. Furniture, Fixtures, and Equipment (FF&E) valued at $10,000 and inventory worth $25,000 are included in the asking price. This represents a rare opportunity for qualified buyers seeking an established, profitable food service business with clear upside potential.
Industry Information
- Industry Description:
- Italian Restaurant
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2018
- Employees:
- 6
- Reason for Selling:
- Retiring
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $3,500 USD
- Lease Expiration:
- 2032
Assets & Inventory
- FF&E Value:
- $10,000 USD
- Includes FF&E:
- Yes
- Inventory Value:
- $25,000 USD
- Includes Inventory:
- Yes
Broker Contact
- Name:
- Mary Molloy
- Phone:
- 917-941-1996
Listing Details
- Listing ID:
- 015839c1-e565-440b-b083-cb6566214c58
- Source Listing ID:
- 2416620
- Deal Status:
- For Sale
- Last Updated:
- September 25, 2025
- Currency:
- USD