Business for Sale Overview:
Two great restaurants for the price of one! In an affluent Nassau County neighborhood, a Glatt Kosher Steak House and a Glatt Kosher Deli are being sold as one business. These two food establishments share the same kitchen and kitchen staff. Located right next-door to each other, the restaurant and bar caters to high-end clientele, serving mostly dinner and occasionally serving lunch for the business crowd; while the deli is open for lunch and dinner supplemented by a robust delivery business. The restaurant normally can accommodate 90 people and up to 120 for parties. There is also a second party room in the basement that can seat 25 people. The deli can seat 58 people comfortably. The restaurant is in a beautiful dining room with large windows facing a garden type setting. There is also a full bar with stools to accommodate patrons for drinks only. These two businesses generate about $800,000 of sales per year with an impressive owners discretionary cash flow of almost $225,000. Because of the Glatt Kosher nature of this business, currently they are open only about 245 days a year. Working 5 days a week, from Sunday to Thursday, plus in winter months opening Saturday nights after sunset for dinner, this business would provide a great lifestyle for a new owner. Because the restaurant can be converted to a non-Kosher one, a new owner could operate this business on a 7 days a week basis throughout the year. The current owner has a great relationship with the landlord, with favorable terms that can be passed to a new owner. The only reason he is selling, very reluctantly, is due to partnership dispute. Don't let this great opportunity and proven moneymaker pass you by! Own two successful restaurants for the price of one.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.