Nassau Restaurant/ Low Rent / 6 Days

Not Disclosed, NY
Nassau County

Long Island

Asking Price: Annual Revenue:
$399,000 $1,800,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Nassau Restaurant/ Low Rent / 6 Days Broker: Ken Stein

Quick Facts

Asking Price: $399,000
Annual Revenue: $1,800,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 17
BBN Listing #: 3444701
Broker Reference #: 13897

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Business Overview:

The seller has just announced the sale of an amazing NICHE restaurant. This bar/restaurant has a gorgeous huge bar and the whole place has seating for over 75 seats. Seller has other restaurants in the city and needs to sell and get pack to the city. This was built 3 years ago and cost $1 Million. The concept is unique and the buyer has the choice to run with it, or take this beautifully built-out restaurant and make it their own concept and cuisine.

There are too many great things to list them all but here are a few- Full basement, Rent is only 6% of sales with a 15 year lease in one of Nassau County’s best walking towns, liquor sales are 30%... and I can go on and on…

Staff is in place and ready to be taken over without changing or missing a beat. Doing a solid $35,000 per week in sales allows the Seller to take home a strong $250,000 per year. If this is not enough, how about this- it is ONLY OPEN 6 NIGHTS WEEK FROM 5PM-10PM. This is truly amazing to have quality of life in the restaurant business being open ONLY 30 hours per week. Has potential to do much more with extending the hours for lunch and much more.

Please refer to listing number 13897 when inquiring about the restaurant.

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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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