Long Island Major Restaurant Net $500k +

Not Disclosed, NY
Nassau County

Long Island

Asking Price: Annual Revenue:
$2,200,000 $3,000,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Long Island Major Restaurant Net $500k + Broker: Ken Stein

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $3,000,000
Net Profit: Not Disclosed
Cash Flow: $500,000
Total Debt: Not Disclosed
FF&E: $2,500,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 35
BBN Listing #: 8564701
Broker Reference #: 14551

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Business Overview:

This busy Restaurant is located right in the middle of it ALL, in a Triple AAA location, right where all the action is. Seating in different areas for over 440 people. With separate PARTY ROOMS. All and all there are about 8,000 square feet in this phenomenal restaurant. Multiple bars and doing close to 40% in liquor sales & 60% of food sales which is phenomenal when calculating food cost. The business is highly visible and on a main road- close to train station, shopping and so much more, reminding me of a NYC atmosphere.

This business cannot be duplicated for the selling price of $2,200,000. The restaurant is doing a VERY healthy $60,000 in weekly sales and NETS over $500,000. The ambiance in this establishment is second to none. This type of eatery is EXTREMELY hard to duplicate and compete with. The business is priced at $2,200,000. This is a secure business as it has been established for 20+ years and has a long lease in place with options. Please refer to listing #14551 when inquiring about this opportunity.

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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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