Business For Sale

Profitable Long Island Waterfront Restaurant

Not Disclosed, NY


Asking Price: Annual Revenue:
$299,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Long Island Waterfront Restaurant Broker: Ken Stein

Quick Facts

Asking Price: $299,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 20
BBN Listing #: 87554701
Broker Reference #: 13399

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Business Overview:

Do you want to own a fun, vibrant establishment which happens to be the most popular place in town? A profitable, very well-reviewed, full-service restaurant is available for sale. With amazing water views, 2 full liquor licenses, outdoor bar & seating area plus over 150 seats, this destination is both beautiful as well as popular. The restaurant continues to have loyal, repeat customers who absolutely love the food and fun environment. The business is growing in every sense and becoming a destination for private parties and corporate events. The owner has other business interests that he needs to pursue and the new owner of this establishment will step into a turnkey situation where all of the staff, operating procedures, great brand, recipes and menus is all in place for continued growth. All that’s needed is the drive and talent to continue the impressive growth. The restaurant enjoys low rent and has a long-term lease with sales of $1,500,000. To facilitate a quick sale the owner has priced the business very aggressively at only $299,000, THIS ONE WILL SELL QUICKLY. Qualified candidates please ask about listing #13399 when inquiring about this opportunity.

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Additional Details:

  • The property is leased.
  • 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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