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Business For Sale

Attractive Restaurant “Open 5-Days”

Nassau, S. Shore, NY, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$169,000
$649,000
$130,000
$130,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1992
8
15315425
Owner Financing is Available
Seller may finance to an experienced buyer with 60% down

Business for Sale Overview:

This “Attractive,” Intermit Restaurant is only “Open 5-Days” a week and is located in a “Desirable” area on the South Shore of Nassau County. The Restaurant is a “Freestanding” Building with it’s own parking lot and is approximately 2000 square feet with a “Full Basement,” full kitchen, 2-prep areas and a private office. The Dinning Room approximately 60 people and it has a “Full Liquor License” with an attractive service Bar. This Restaurant is perfect for a Chef, Host or Maitre D' Owner and can be used for virtually “Any Type” of small Restaurant venue. The Seller would like to relocate to Florida ASAP and has “Drastically” Reduced the Price for a “Quick Sale.” The Rent is $5,750 per month, which includes property tax and it has 9-yr lease with increases of only 3.5 % per year. The Seller may finance the business with 60% down to an experienced operator, but would prefer a cash-out offer.

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:

“Freestanding” Building with it’s own parking lot and is approximately 2000 square feet with a “Full Basement,” full kitchen, 2-prep areas and a private office. The Dinning Room approximately 60 people and it has a “Full Liquor License” with an attractive service Bar.

Market Competition and Expansion:

This business has plenty of room for growth. You can increase the gross sales by approximately $2,000 - $3,000 per week by opening on Sunday and Monday. Plus the seller does very little advertising.

Reason for Selling:

Seller would like to relocate ASAP

Additional Details:

  • The property is leased.
  • The owner is 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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