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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