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Business For Sale
REAL ESTATE WITH A RESTAURANT TENET
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Asking Price: |
$1,575,000
USD USA Dollars
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Business for Sale Industry: |
Commercial Real Estate: Retail
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Business for Sale Overview:
Real estate with a restaurant as a tenet, lease expires in June of 2008. There is another business next to the restaurant that has a lease until 2013. There are also 4 apartments over the restaurant, 2 one bedroom and 2 two bedroom apartments. There is a positive cash flow on this business.
Property Features and Assets:
The restaurant is about 1,500 sq. ft. with a basement. The rent on the restaurant is now $3,600. The rent on the other store is $2,400 the 2 one bedroom apartments each rent for $1,100 and the 2 two bedrooms apartment each rent for $1,400. Taxes on the building are $30,000 a year. The building is located in a very nice area of Nassau County very close to the LIRR. Call for more details.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for 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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