Ethnic Restaurant for Sale

Wantagh, NY
Nassau County


Asking Price: Annual Revenue:
$459,000 $640,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Ethnic Restaurant for Sale Broker: Michael Kelly

Quick Facts

Asking Price: $459,000
Annual Revenue: $640,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 10
BBN Listing #: 64748096
Broker Reference #: 7203

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Business Overview:

Wonderful Ethnic Restaurant for Sale in Wantagh. This beautifully designed and laid out Restaurant has 1,800 square feet dining space, full basement and a great bar. This restaurant was completely renovated only 2 years ago. The lease has 8 years left on it. This restaurant being so young has sales of over $600,000.

This fabulous ethnic restaurant for sale is not only known for its sit down table service but also their ability to cater private functions. This opportunity to own this amazing space in the center of Wantagh does happen often. This restaurant has been completely renovated so if you keep it the same or bring in your own concept there will be little to nothing to do. All the permit are up to code so there will be no downtime.

Bring your offers to We Sell Restaurants on this amazing ethnic restaurant for sale in the village of Wantagh, a very desirable area where gems like this don't come up for sale often. The demographics for Wantagh are great with a population of almost 200,000 within the 3-mile radius and a median income of $135,000. Its located close to the parkways and the LIRR. Take this opportunity to visit this turnkey establishment and picture yourself owning this amazing catering hall and restaurant. The sellers are looking for motivated buyers and that is why it is priced at $459,000.

This beautiful ethnic restaurant for sale is laid out over 1800 square feet with a full basement. The seating capacity is 85. The kitchen is laid out perfectly for a chef and his helpers. The kitchen is fully equipped with commercial-grade equipment that will suffice all your needs. The lease has 8 years left and the rent is $6,700. The landlord is willing to increase the terms if the right buyer comes along.

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:

large hood flattop grille ovens Rice cookers refrigerators freezers walk in box ample dry storage shelving small appliances smallwares

Market Competition and Expansion:

Growth will come from marketing and social media Utilized delivery suck as Grubhub and Door Dash

Reason for Selling:

Other

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.

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