Prime Re-Development Property on Long Island

Not Disclosed, NY


Asking Price: Annual Revenue:
$21,000,000 $3,300,000

Food & Beverage: Catering, Food Preparation


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RE: Prime Re-Development Property on Long Island Broker: Ken Stein

Quick Facts

Asking Price: $21,000,000
Annual Revenue: $3,300,000
Net Profit: Not Disclosed
Cash Flow: $1,050,000
Total Debt: Not Disclosed
FF&E: $15,000,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 25
BBN Listing #: 39694701
Broker Reference #: 13234

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Business Overview:

Truly a One of a Kind Re-Development opportunity on Long Island. This highly desirable property and business has the ability to be a complete all in 1 catering and hospitality center with seating for 1,000+ guests as well as the possibility of a small Inn or Hotel. They have a highly visible location which also could be great for so many other opportunities. Candidates must have experience in the hospitality industry and or real estate development. Please refer to listing number 13234 when inquiring about this opportunity.

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Reason for Selling:

Retiring

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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