Central American Restaurant/Cuisine (#22592)

Hempstead, NY
Nassau County


Asking Price: Annual Revenue:
$699,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Central American Restaurant/Cuisine (#22592) Broker: Ziggy Marszalek
Owner Financing is Available!
Amount: $299,000 Months Left: 36 Rate: 7.000000000000001% Monthly Payment: $9,232.25

Quick Facts

Asking Price: $699,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $450,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $850,000
Year Established: 2004
Employees: 14
BBN Listing #: 613449666
Broker Reference #: 22592

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

Established Honduran Restaurant
This is a well-established and well-run Honduran Restaurant that is located in a busy part of Hempstead, NY. The restaurant has been in business for 18 years and has a regular clientele.

Long Lease And Favorable Terms.
The restaurant has a long lease, with favorable terms. It has a seating capacity of 87 and a full liquor license. Currently, the restaurant is run by the owner-operator and total revenue exceeded $1.5 million with a net of over $450K.

Expansion Opportunities.
They are open 7 days a week for only 10 hours a day and have had success with a simplified menu. Over 40 percent of their business is "To Go", so there is unlimited upside potential for expansion. Also included is a full prep kitchen in the basement.

Possible Owner Financing.
There is the possibility of owner financing for qualified buyers.

Reason For Sale.
The owner is ready to retire.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The restaurant has a long lease, with favorable terms. It has a seating capacity of 87 and a full liquor license. Currently, the restaurant is run by the owner-operator and total revenue exceeded $1.5 million with a net of over $450K. Full Liquor Monthly Rent: $7,500 Lease Ends: 2034-01-02 Area: 2,262 sq/ft Building Type: Attached With Parking Terms and Options: 3%

Market Competition and Expansion:

They are open 7 days a week for only 10 hours a day and have had success with a simplified menu. Over 40 percent of their business is "To Go", so there is unlimited upside potential for expansion. Also included is a full prep kitchen in the basement.

Reason for Selling:

Retiring.

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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!