New York Business For Sale

Business Overview:

This Attractive Restaurant has been in the family for 50 years and the present owner has owned it for 27 years. It is located in a "High Traffic Area" on a Main Highway in Western Suffolk County on the North Shore. This business currently nets approximately $90,000 to the owner who operates it relatively absentee. If you are a ”Hands on Owner,” this business is capable of netting $140,000 plus per year. The Restaurant is a Free Standing Building with plenty of parking. It is 1,800 square feet plus a 900 square feet basement with 55 seat dinning room, a separate Bar area with a 12-stool bar and seating for 14 at tables, 4-TV's, Lotto, Quick Draw and it has a Surveillance System. Due to its location and size, this restaurant fit virtually any type of Small Restaurant or Pub /Tavern Venue, although it is a great business as is. The Seller has been there most of his life and would like to move on and try something different. Financing is available to experienced operator with a minimum of 60% down. The Lease is 10-years and the Rent is $4,500 includes Taxes.

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:

Free Standing Building with plenty of parking. The Restaurant is 1800 sq ft with a 55 seat dinning room and a separate Bar area with a 12-stool bar and seating for 14 at tables, plus a 900 square feet basement. It is located in a "High Traffic Area" on a Main Highway in Western Suffolk County on the North Shore.

Market Competition and Expansion:

This restaurant is operated relatively absentee, so there is plenty of room for growth.

Reason for Selling:

After 27 years the seller would like to move on

Additional Details: