Profitable Restaurant with Property - AAA Location

Not Disclosed, NY
Suffolk County

Long Island

Asking Price: Annual Revenue:
$1,300,000 $2,000,000

Commercial Real Estate: Retail & Shopping Centers

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RE: Profitable Restaurant with Property - AAA Location Broker: Ken Stein

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $2,000,000
Net Profit: Not Disclosed
Cash Flow: $250,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: $1,000,000
Year Established: Not Disclosed
Employees: 15
BBN Listing #: 34694701
Broker Reference #: 14137

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Business Overview:

Location, Location, Location - perfectly situated in the heart of a very happening Suffolk county city, this is the GO-TO spot in the neighborhood. The opportunity here is to own a state of the art, profitable restaurant, along with the real estate property and pay what you might pay in rent alone. The business opportunity is to BECOME THE LANDLORD and acquire both the restaurant as well as the property. As a restaurant owner that owns their own property you no longer need to worry about rent increases, restrictive landlords or spending money to improve someone else’s premises, you would be improving your OWN building. There is plenty of seating and parking as well as a very ample kitchen and storage area to accommodate the current business as well as future growth. This beautiful restaurant comes complete with a brand new kitchen newly remodeled, and plenty of parking. The business currently does approximately $2 million in sales with owner’s adjusted earnings of over $250,000. The new owner can come in and even improve on these results as the current owners are spread between multiple locations. Financing available for qualified candidates, Please refer to listing number 14137 when inquiring about this opportunity.

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Additional Details:

  • The property is owned.
  • 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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