Business For Sale

Seafood Resteraunt - 24101

Suffolk County, NY
Suffolk County


Asking Price: Annual Revenue:
$400,000 $920,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Seafood Resteraunt - 24101 Broker: Jim Aloi
Owner Financing is Available!
250,000.00 Down & 150,000 for 5 years @ 6%

Quick Facts

Asking Price: $400,000
Annual Revenue: $920,000
Net Profit: Not Disclosed
Cash Flow: $170,000
Total Debt: Not Disclosed
FF&E: $125,000
Real Estate: Not Disclosed
Year Established: 1982
Employees: Not Disclosed
BBN Listing #: 22564447
Broker Reference #: 24101

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Business Overview:

Free Standing 5,500 SF Restaurant owned and established over 30 years by older seller who wishes to retire.
This restaurant has fantastic visibility and is located in Western Suffolk on Main Road. They have on site parking for over 50 cars.
They presently offer a seafood type menu.
Buyer who updates this great restaurant or converts it to a franchise can greatly increase present business.
Seller landlord and offers a attractive long term lease to qualified buyer or Franchise.

Great location for night club, Steaks, Seafood, Sushi, Applebees, Etc. This Restaurant has a full sit down bar and would do great if buyer promotes a bar crowd or catering and open later hours business will greatly increase. Seller now closes at 9pm.

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Property Features and Assets:

Free Standing 5,500 SF. This restaurant has fantastic visibility and is located in Western Suffolk on Main Road. They have on site parking for over 50 cars. Seller offers 20 year lease!

Market Competition and Expansion:

This Restaurant has a full sit down bar and would do great if buyer promotes a bar crowd or catering and open later hours business will greatly increase.

Reason for Selling:

Personal

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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