A Sunnyside restaurant that has been an institution in the neighborhood for more than 30 years is up for sale.
The owners of Mario’s Restaurant, located at 43-04 47th Avenue, are trying to sell the business for $199,000, according to a listing from Charles Rutenberg Realty.
The restaurant has been owned and operated by husband-wife duo Carlos and Lynn Chauca since the 1986, and specializes in northern Italian dishes.
The restaurant marked its 30th anniversary last winter, celebrating the family tradition of the restaurant. It was named after Lynn’s late father when it first opened, and over the years both of the Chaucas’ daughters worked in the restaurant.
Their daughter Angela went on to open her own bakery in Sunnyside called Making that Cake, which was featured on the Food Network show Sweet Genius.
The listing for the business points out that the restaurant is well established in the community and already has the necessary equipment for a new owner to take over. The space seats 40 people, and already has a beer and wine license and all the equipment needed to run a restaurant.
The annual cost of running the business is $70,000 per year, including electric, insurance, repairs and payroll. The listing states that the restaurant generates $160,000 in revenue, leaving net income of $90,000.