Iconic Italian Restaurant, Bar, and Pizza For Sale, New Listing

$199,900

One of Syracuse’s most beloved restaurants has just been listed. Having won numerous awards for their dishes, their stellar reputation is well known all throughout Central New York. The same recipe has been used for their pizza in excess of 50 years.

The owners are getting older and they wish to pass the traditions while everything runs efficiently and wonderfully. Boasting sales in excess of $700,000, the business will also show sellers’ discretionary earnings in excess of $100,000.

The third party landlord is willing to renegotiate a lease with a new buyer. Quite reasonable.

Liquor is served, including beer, wine, and all spirits. The restaurant size is approximately 5,800 square feet, with seating for in excess of 100 people. There is ample storage facilities, a large walk-in cooler, plus a large freezer. Adequate off-street parking.

HURRY! DO NOT WAIT! THIS OPPORTUNITY IS RARE!!

A younger or more aggressive owner can increase the marketing, and the catering segment of this restaurant, as well as augment small parties, to put sales well into the million dollar range.

Hurry! This opportunity will not last long!!

The owners fully realize that they may have to help with financing for the proper buyer.

  • City: Syracuse
  • State/Country: New York, Onondaga County
  • Country: United States

Detail

Updated on June 21, 2017 at 9:32 pm

  • Property ID: 172106
  • Price: $199,900
  • Property Size: 5800 Sq Ft

Additional details

  • FF&E: $40,000

Contact info

CONTACT AGENT

  • Lisa Notar
  • 315-420-4650

Inquire about this property