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Business For Sale

Long Established Restaurant

Nassau County, NY

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,600,000
$2,040,000
Not Disclosed
$2,040,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1984
19
14954447

Business Overview:

Long Island Nassau County Elegant Spectacular well established and owned over 30 years by seller. Restaurant with bar & separate Banquet room over 12,000 square feet plus 6,000 feet basement with walk ins ,office,boiler storage room & stock rooms.Also includes private parking lot for 200 cars. This place also installed a convince guest elevator at a cost of $125,000. It offers a upper level banquet room with bridal suite which, can cater parties up to 250 people all mahogany with bar must see!!!!!! This listing includes 5 Restrooms, large prep areas and a tremendous kitchen.comes with a 12 year lease with a possible 5 or ten year option. Zagnet rated with and offers all the bells and whistles. Its a true solid investment numbers posted are worst year ,this restaurant did as high as 3.4 million. Seller tired but will stay on a few days per week if needed. They offer a American & German menu plus a bar lunch & diner menu in bar area with separate seating. Multiple seating areas for dining. This is a very popular well known business with repeat happy costumers. Low food cost with one 3rd liquor sales at 17% cost very profitable.Tax returns will be provided as needed. This is also suitable for very high end steak house. Includes full laundry room Triple AAA Location. This is one of my top listing's this year!

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 interest

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.