Nassau County Seaside Restaurant/ AAA Location

Not Disclosed, NY
Nassau County

Seaside Location

Asking Price: Annual Revenue:
$350,000 $750,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Nassau County Seaside Restaurant/ AAA Location Broker: Ken Stein

Quick Facts

Asking Price: $350,000
Annual Revenue: $750,000
Net Profit: Not Disclosed
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 25334701
Broker Reference #: 14238

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Business Overview:

This busy little Restaurant with full liquor license has a AAA location where all the action is. This UNIQUE busy Restaurant is a very RARE find on Long Island with systems in place and set up like a franchise without paying royalties. The business has highly visible location on a main street with ample parking. The restaurant has solid $15,000 in weekly sales with rent of only $3,200 monthly! Tons of character with seating inside and outside. This business cannot be duplicated for the selling price of $350,000. The Owner is NOT in the restaurant business and has payroll upwards of 40% which is way too high and should be normalized at 30%. With some adjustments, an owner/operator can earn $125,000. ‘TIS THE SEASON TO MAKE A DEAL! Waterfront community is at its highest peak. Get in now. This is a young business and numbers continue to go NORTH. Please refer to listing #14238 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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