Diner for Sale with Rental Income Property

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$994,000 $500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Diner for Sale with Rental Income Property Broker: Dave nagar

Quick Facts

Asking Price: $994,000
Annual Revenue: $500,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 84843943
Broker Reference #: Not Disclosed

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Business Overview:

Banquet Hall/Party Place Opportunity

Financials
Asking: $994,000
    Included in the Asking Price:
    Real Estate: $795,000

Gross: $500,000
Cash Flow: $100,000

Summary Description
Why make lease payments to your landlord? Be your own boss and own your business with property providing additional rental income opportunity in a busy commercial location. The fully equipped running restaurant with a large kitchen has been in business at the same location for over 50-years with many celebrities frequenting and dining. This is an ideal opportunity for a new buyer to upgrade to other business options by expanding: *Banquet *Catering & Parties for All Occasions *Casual Family Dining *Fast Food *Franchise QSR (Quick Serve) Concepts. This is a gem of an opportunity to buy a restaurant and retail space of approximately 5,000 sq. ft. building consisting of three stores (the restaurant operated by owners has a large seating capacity and two adjacent side stores are leased to other retailers on short term month-to-month rent). The new buyer of the business/building has an opportunity to remodel the restaurant for either expansion or to subdivide the premises for lease income from franchise and or independent businesses. This is a once in a lifetime opportunity! Call Now 917-929-6194 Dave Nagar at CEO Business Brokers, Inc. www.ceobrokers.com

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Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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