South American Restaurant (#22599)

Not Disclosed, NY
Nassau County

Nassau County, Long Island


Asking Price: Annual Revenue:
$680,000 $1,680,000

Food & Beverage: Grocery & Food Stores


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RE: South American Restaurant (#22599) Broker: Ziggy M.
Owner Financing is Available!
Amount: $204,000 Months Left: 24 Rate: 5.0% Monthly Payment: $8,949.76

Quick Facts

Asking Price: $680,000
Annual Revenue: $1,680,000
Net Profit: Not Disclosed
Cash Flow: $340,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $850,000
Year Established: 2017
Employees: 4
BBN Listing #: 184449666
Broker Reference #: 22599

Email or Print Listing

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Business Overview:

Columbian Restaurant, Wholesale Meat Delivery, Retail Meat, Grocery, And Bakery.

This Columbian restaurant includes a cafe, a retail and wholesale meat delivery business with a grocery and bakery. It is located on the South Shore of Long Island in a very densely populated area. It can be run as owner/operator or absentee. The owner has other business interests and has priced to sell.

Charming Indoor Dining Space.
The restaurant space has seating for 20. The sale includes all the equipment and a Nissan 2012 with a refrigerator. The rent is $2,917, the lease is through 2027, and it can be extended. It has an excellent online social presence, with 4.6 stars on Google (55 reviews), and 4.5 stars on Yelp (4 Reviews).

Possibility of Owner Financing.
The possibility of owner financing an option. These businesses can also be run absentee.

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Property Features and Assets:

The restaurant space has seating for 20. The sale includes all the equipment and a Nissan 2012 with a refrigerator. The rent is $2,917, the lease is through 2027, and it can be extended. It has an excellent online social presence, with 4.6 stars on Google (55 reviews), and 4.5 stars on Yelp (4 Reviews). Monthly Rent: $2,917 Lease Ends: 2027-07-01

Market Competition and Expansion:

Ask broker for details.

Reason for Selling:

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.

Relevant Links:

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