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Business For Sale

Unique Concept Restaurant For Sale

Suffolk County, NY, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$425,000
$780,000
Not Disclosed
$180,058
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
6
8534447
Owner Financing is Available
$125,000 over 3 years at 8%.

Business for Sale Overview:

***Chef's Dream with Property*** Unique Concept Restaurant located right on the water. This really is one-of-a-kind. The restaurateur who created this has had several successful projects, including this, and he is looking to move on to the next one. The business has multiple streams of revenue. 1. The eat-in and catering sales of approx. $11,500 per week. 2. Wholesale accounts - $3,500 per week including gourmet delis, cafes, and Tour Groups. The restaurant itself offers a quaint, country feel with seating for 35 including outdoor tables over-looking the water. The menu changes every day and all food is only the highest quality. They offer breakfast, lunch and dinner only 4 days per week. You can bring your own wine, liquor or beer as there is no liquor license. The owner is willing to sell the business and property (Property is asking $650K) to a qualified candidate. Property is available through owner. If that is out of reach financially, you can purchase the business with a long term lease and the first right of refusal on the property. In the past year the business grossed appox. $780,000.00 with a Net of approx. $180,000.00. ALL CANDIDATES MUST HAVE RESTAURANT EXPERIENCE. Be prepared to show Proof of Funds for at least $300K plus working capital. Call or email Mel Vaz today to learn more at 631-909-1095 or mvaz@vestedbb.com. PROPERTY IS AVAILABLE THROUGH OWNER.

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.

Reason for Selling:

other business interests

Additional Details:

  • The property is owned.
  • The owner is not 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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