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Exclusive 5800 Sq Ft Nassau County Restaurant
Not Disclosed, NY
NASSAU County
Nassau County, Long Island
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| Asking Price: | Annual Revenue: |
| $799,000 | $2,900,000 |
Food & Beverage: Restaurants, Fast Food, Deli
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RE: Exclusive 5800 Sq Ft Nassau County Restaurant
Contact: Ziggy Marszalek
Quick Facts
| Asking Price: | $799,000 | |
| Annual Revenue: | $2,900,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $470,800 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 12 | |
| BBN Listing #: | 94049666 | |
| Broker Reference #: | 22628 |
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Business Overview:
This is a newly renovated restaurant and bar located in a densely populated area of Nassau County, New York. This high-profile location spans an impressive 5,800 square feet and has recently undergone $3 million in extensive renovations. The facility is equipped with state-of-the-art fixtures, furniture, and equipment (FF&E), making it an attractive opportunity for potential investors.
An experienced restaurant operator, chef, or restaurant group would be best suited to capitalize on this opportunity, taking this already promising location to the next level.
Versatility: Designed to adapt to any type of food concept.
Forecasted Sales: Projected to exceed $3M in sales for the year 2023.
The current owner is selling this business as they have multiple other locations to manage and are unable to dedicate the time and resources required to optimize this facility's potential.
This restaurant and bar in Nassau County presents an unparalleled opportunity for experienced individuals or entities in the hospitality industry. With significant investment in renovations and a versatile design, the establishment is poised for exceptional growth and profitability.
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Property Features and Assets:
This high-profile location spans an impressive 5,800 square feet and has recently undergone $3 million in extensive renovations. The facility is equipped with state-of-the-art fixtures, furniture, and equipment (FF&E), making it an attractive opportunity for potential investors. Renovations and Infrastructure: Total Renovation Cost: $3M Scope: Floor to ceiling, inside and out. New Installations: Plumbing, electric, grease traps, sewage systems, and more. Design and Layout Floor Plan: Aesthetically pleasing and designed to cater to a broad clientele. Kitchen: Open kitchen design that boasts an efficient workflow. Capacity Indoor Seating: Certificate of Occupancy (C/O) allows for 180 indoor seats. Outdoor Seating: Provision for 45 outdoor seats. Monthly Rent:$29,000 Lease Ends:2038-01-02 Area:5,800 sq/ft Building Type:Free Standing Great Parking Terms and Options:3%
Market Competition and Expansion:
Versatility: Designed to adapt to any type of food concept.
Reason for Selling:
Other business interests.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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