Specialty Restaurant-26398

Suffolk County, NY
Suffolk County

Asking Price: Annual Revenue:
$395,000 $1,200,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Specialty Restaurant-26398 Broker: Jim Aloi
Owner Financing is Available!
$195,000.00 Down & 200,000 for 5 years at 7%

Quick Facts

Asking Price: $395,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 18
BBN Listing #: 68514447
Broker Reference #: 26398

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Business Overview:

Niche Very Profitable specialty Restaurant. Restaurant located in busy shopping center with great lease 14 years with low rent. This great place offers a full sit down bar,a upstairs loft area,full open kitchen prep area, cocktail bar seating and dining area.Super desirable North Shore location next to Major Tenant. This place reminds you of a smaller version of most major food chains. Must see to appreciate present seller is mostly absentee but will train full staff in place.Great business for husband wife or family team. Please note hands on owner may net $250k. There menu offers finest BBQ ribs, chicken, burgers,Slow Smoked Beef Brisket,Rotisserie Chicken Caesar Wrap,Philly Cheese steaks,burgers salads & cold beer or drinks. This Place can run 6 days and close on Mondays if wanted. This is A MUST SEE also includes bonus patio and out door seating. Buyer can offer catering and off premise catering.

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Reason for Selling:

Seller is to busy with other businesses

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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