New York Business For Sale

American Restaurant & Grill With Separate Pizzeria

Nassau, N. Shore, NY

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$275,000
$1,040,000
$160,000
$160,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1989
15
95715425
Owner Financing is Available
Seller will finance to an experienced restaurateur with 60% down

Business Overview:

This "Unique" American Restaurant & Grill has a Separate Pizzeria Area located next-door to it with it s own entrance. It is located in a Strip Mall in Nassau County. The Restaurant Grosses approximately $11,000 - $14,000 per week plus catering and the Pizzeria Grosses approximately $8,000 - $10,000 per week. The Dinning Rooms and Bathrooms were “Recently Remodeled” giving the restaurant a fresh, new, clean look. This restaurant has a Full Liquor License, 2-dinning rooms, a small bar, an outdoor patio plus the separate pizza area. The Restaurant and Pizzeria is approximately 3,200 square feet, the rent is $6,700 per month and it has an 18-year lease. Seller will finance to an experienced operator with 60% down.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

This restaurant was "Newly Renovated and has a Full Liquor License, 2-dinning rooms, a small bar, an outdoor patio plus the separate pizza area. The Restaurant and Pizzeria is approximately 3,200 square feet, the rent is $6,700 per month and it has an 18-year lease.

Market Competition and Expansion:

Seller has done virtually no advertising for his new concept restaurant and there is no other restaurant in town with his type of menu. Thus there is plenty of room for growth.

Reason for Selling:

Seller is bored, same location for 20 years

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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