Business For Sale

Profitable seafood Restaurant partnership

Sayville, NY
Suffolk County


Asking Price: Annual Revenue:
$159,000 $1,500,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable seafood Restaurant partnership Broker: Doug DaCosta

Quick Facts

Asking Price: $159,000
Annual Revenue: $1,500,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 16
BBN Listing #: 855542489
Broker Reference #: 5063-53359

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Business Overview:

The hard part is done!! This restaurant is established and profitable. The current owner is looking for a partner to share both the workload and the profits of this seafood restaurant. Yearly revenue for this business has hovered around $1.5 million for the past few years.
A majority of the capital invested into this partnership will be used for a renovation that will both modernize and rearrange the layout to greatly increased revenues. The ideal candidate for this opportunity would have chef or management experience and investment capital of $150K-$200K.

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Property Features and Assets:

20 plus years as a profitable business.

Market Competition and Expansion:

Updating the decor and making alteration to the existing layout should increase the profits for years to come.

Reason for Selling:

Partnership desired.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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