Restaurant with Pre-Approved SBA Loan

Not Disclosed, NY

Long Island

Asking Price: Annual Revenue:
$1,450,000 $3,850,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Restaurant with Pre-Approved SBA Loan Broker: Ken Stein

Quick Facts

Asking Price: $1,450,000
Annual Revenue: $3,850,000
Net Profit: Not Disclosed
Cash Flow: $550,000
Total Debt: Not Disclosed
FF&E: $750,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 88974701
Broker Reference #: 14296

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Business Overview:

An Iconic Long Island Restaurant is for sale with Revenue of $3,850,000 and a Pre-Approved SBA Loan with only $400,000 down payment. Not only is the Rent unheard of at only 2% of Sales and less than $7,000 per month, the return on your investment of $400,000 is in ONE YEAR!

This restaurant is highly profitable for they have very low overhead as their rent is 2% of sales. They have a Long-Term Lease and have been a Landmark in their community for a long time. In addition to their busy restaurant the full liquor bar is routinely packed with customers at this award-winning establishment. If you have been looking for a restaurant with SBA Approval, a Priceless Reputation, Highly Profitable and PRICED REASONABLY please call and refer to listing number 14296.

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.

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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