Established Long Island Restaurant with Property

Not Disclosed, NY
Suffolk County

Long Island

Asking Price: Annual Revenue:
$1,500,000 $1,250,000

Commercial Real Estate: Retail & Shopping Centers

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RE: Established Long Island Restaurant with Property Broker: Ken Stein

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,250,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $1,700,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 12
BBN Listing #: 76134701
Broker Reference #: 14060

Email or Print Listing

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Business Overview:

Attention Restaurant owners who are paying rent, this is an opportunity to purchase the real estate and OWN YOUR PROPERTY for approximately the same amount you would be paying in rent.

A cross between the TV show Cheers and a beautiful bed & breakfast, this wonderful restaurant with property is available for sale. The owners lovingly restored a landmark building filled with character, which served as a tavern for over 100 years, and have been operating successfully for the last 10 years. The restaurant is nestled in a lovely Suffolk County community and caters to a wide range of clients, both young and old, with multiple seating areas, a vibrant bar and delicious menu options. The business easily accommodates, private parties, corporate functions and even the occasional wedding. There is ample opportunity for a new owner to grow sales and profits as the current owner is not a chef and only works the front of the house.

Financing is available for qualified candidates. The business and property are priced for a quick sale at only $1,500,000. Please refer to listing #14060 when inquiring about this opportunity.

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.

Additional Details:

  • The property is owned.
  • The owner is not 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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