Turnkey Italian Restaurant in Queens, NY with $320K Revenue and $60K SDE

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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

Established Southern Italian Restaurant with a strong reputation and 4.6 customer ratings.
Exclusive catering partnership with MLB teams at Citi Field, offering unique revenue streams.
Significant growth potential by expanding operating hours, adding lunch service, and developing further catering opportunities.

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

Features & Tags

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