Business For Sale

Seafood Restaurant In Suffolk County, NY-30822

Not Disclosed, NY
Suffolk County

Suffolk County, NY

Asking Price: Annual Revenue:
$1,300,000 $2,100,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Seafood Restaurant In Suffolk County, NY-30822 Broker: Jim Aloi

Quick Facts

Asking Price: $1,300,000
Annual Revenue: $2,100,000
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 2294447
Broker Reference #: 30822

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Business Overview:

Established Seafood Restaurant with a full fish market for sale and is a must see! This restaurant offers fresh fish, take-out, catering, eat-in as well as a full bar that seats 220. Established with brand name for over 50 years! The Seller will consider a partnership or stay working a few days a week full-time. There is a Full staff including managers and bookkeepers who will also stay on board. Please note, this brand name can open a lot of satellite locations in New York as well as out of state with full plans in place. A Buyer who is financially sound may net over a half million dollars a year or more at this location. This restaurant has a ton of hidden potential Real estate is also available from PMTG Reality for an additional $2.2 Million this includes a large free-standing restaurant, parking lot and income home that also nets $30,000 plus yearly. Investors, do not let this rare gem pass you by. This is your chance to start a branded franchise of satellite locations. This restaurant nets over $400k after big mortgage, with an asking of $3.5 Million for real estate, home and business 25 percent market, 15 percent bar 55 percent eat-in and take-out. This business has short hours and closes at 9 pm. Please contact the broker.

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Reason for Selling:

Seller is retiring.

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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