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Business For Sale

Restaurant

Nassau County, New York, NY

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$250,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1996
0
54564447
Owner Financing is Available!
250,000 down

Business Overview:

High End Restaurant Opportunity Sale. This is an elegant, white table cloth restaurant on the Gold Coast of Nassau County. It is the ideal location for a special event. The upstairs room accommodates parties from 10 to 120 guests for an elegant sit down dinner, or up to 160 guests for a cocktail party. The main floor restaurant seats 90 and is open daily for dinner and lunch and brunch on weekends. Sales are verifiable through the Point Of Sale and were approximately $1,300,000 for the most recent 12 month period. We have an inexperienced operator who is trying to bring down his expenses. Labor currently runs at nearly 40% of sales. A buyer must be an experienced restaurateur. This is a steal at $250,000. The price has very little room for negotiation.

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:

personal

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 a franchise resale opportunity.