Owner Financing is Available
Business for Sale Overview:
This Well Established American Restaurant/Pub has been located on a main street, with plenty of parking, in a very busy area of Nassau County for 10 years. It is set up perfectly with a beautiful restaurant area, bar area and separate party room. The dining room seats 55, the bar booths seat 20, the bar seats 24 and the party room seats 70. The business has a great reputation for good food and atmosphere. It has a strong following. They sell approximately 60% food and 40% liquor. Current owner’s other business interests create this excellent opportunity for the right person. Seller is landlord and will write the buyer a very good lease. The business currently has 2 managers making $50,000 plus of which at least one could be removed. Grossing $1,300,000 with a net of approximately $236,000 which could be increased. Asking $600,000 with $300,000 down. Real Estate could be available for a qualified person. If you’re looking for a well established, turn key restaurant in a great area, with a large net that could be increased then this is a definite must see.
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.