Act Quickly - Only $110,000 - Restaurant for Sale

Glen Cove, NY
Nassau County


Asking Price: Annual Revenue:
$110,000 $400,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Act Quickly - Only $110,000 - Restaurant for Sale Broker: Michael Kelly

Quick Facts

Asking Price: $110,000
Annual Revenue: $400,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 11
BBN Listing #: 48168096
Broker Reference #: 7264

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Business Overview:

Exclusive restaurant for sale opportunity in Nassau’s Glen Cove community. Established profitable unit in the heart of Nassau County. Rare chance to find a location at this price point.

This Glen Cove restaurant for sale space is beautifully designed and spotless. Fully equipped and currently profitable. You can keep the existing concept or convert to anything with this turnkey, fully equipped business. Equipment includes large hood, flattop, grille, two pizza ovens, convection oven, commercial refrigeration and freezers, small appliances, small wares and more. This is a turnkey operation with little to no work needed.

This restaurant for sale offered by We Sell Restaurants has been serving the community for the past 3 years. There is 1,400 square feet on the main floor that can seat up to 26 guests. There is a full basement which includes a prep area, walk-in box and office space. The commercial kitchen is fully equipped for virtually a cuisine and includes two pizza ovens.

Another great benefit to this restaurant for sale is the rent and lease. The rent for this location is ONLY $3715 and the landlord is willing to create a new lease to fit the needs of the new owner. Excellent for buyers seeking an E2 visa. The landlord is willing to offer a 10-year lease.

Glen Cove and the surrounding 5-mile area have a population of 115,00 with a medium income of $100,000 and average age of 40. With these numbers, the potential is endless when you buy this restaurant for sale. In addition to this, there is a newly constructed condo building finishing construction that will bring in 540 new apartments.

Don't miss out on this restaurant for sale in Glen Cove. This is a very desirable area on the North Shore and it's rare to find opportunities like this one. Take this opportunity to visit this turnkey establishment and picture yourself owning this amazing business. The sellers are motivated and have priced this to sell quickly!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

large hood flattop grille ovens 2 pizza ovens convection oven refrigerators freezers walk in box ample dry storage shelving small appliances smallwares

Market Competition and Expansion:

Great Location New Residential condos will be completed by 2020 Has great reputation with no Social Media

Reason for Selling:

Other

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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