Business Overview:
The seller has drastically reduced the price on this iconic Long Island Restaurant with Revenue of $3.55 Million, pre-pandemic. Like all restaurants, it suffered in March of 2020, but came back HUGE within 1 month. The drought for this place only lasted a very short time during COVID. It is truly amazing how their niche is so strong. The numbers are nice and steady throughout the year. A new owner will earn $450,000. This restaurant is highly profitable for they have very low overhead as their rent is just over 2% of sales. They have a long-term lease of and have been a landmark in their community for a long time. In addition to their busy restaurant, their full liquor bar is routinely packed with customers at this award-winning restaurant. Priceless Reputation, Highly Profitable and PRICED TO SELL. Please call and refer to listing number 14296.
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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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