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Business For Sale
RESTAURANT REDUCED " MOTIVATED SELLER"
Attn:
John Stefan (631) 473-2973
Sufflok County, N. Shore, NY, USA
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Listing Number: "050"
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Listing
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Asking Price: |
$139,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Partners disagree. |
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Year Established:
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2003 |
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# of Employees:
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3 F/t 5 P/t |
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Yearly Revenues:
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$600,000 |
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Yearly Cash Flow:
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$105,000 |
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Yearly Net Profit:
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$105,000 |
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Yearly Gross Income:
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$600,000 |
Business for Sale Overview:
The price on this "Beautiful Contemporary Restaurant" was just "Reduced by $85,000" to the unheard of price of $139,000 with only $80,000 down. It was "Totally Renovated" just 3 1/2 yrs ago, it is "Open 6 Days a Week" for "Dinner Only." It has a "Classy Atmosphere" with "Beautiful Bar" and a 9-yr Lease with a Gross monthly Rent of $5,400. It is a "Freestanding" Building that is 2,200 sq. ft. with a full basement (=4400 sq.ft.), with private office and it's own parking lot (Seats-55P). This location can be used for almost any Restaurant Concept. The Seller will hold notes with $80,000 down for 4 yrs @ 8%. "DON'T WAIT ANY LONGER ON THIS ONE"
Property Features and Assets:
2,200 sq. ft. with a 10-yr Lease; a full basement = 4,400 sq. ft.; a private office and it's own parking lot.; Seats-55.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for 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.
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