Busy Waterfront Restaurant / Net $675,000

Not Disclosed, NY

Long Island

Asking Price: Annual Revenue:
$1,900,000 $3,900,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Busy Waterfront Restaurant / Net $675,000 Broker: Ken Stein

Quick Facts

Asking Price: $1,900,000
Annual Revenue: $3,900,000
Net Profit: Not Disclosed
Cash Flow: $675,000
Total Debt: Not Disclosed
FF&E: $1,000,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 25
BBN Listing #: 56274701
Broker Reference #: 14769

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Business Overview:

This AMAZING 2,500 square foot restaurant/bar is truly going to catch your attention. The views are spectacular, and you will feel like you are at a tropical island with its setting. With less than 100 total seats including the bar and outside seating, it’s easy to operate and highly profitable. They had excellent strong sales in 2020 and for 2021 revenue will be about $4m. This HIGHLY profitable restaurant/bar’s rent and real estate taxes are about 2.5% of sales. That’s right a restaurant on the WATER with LOW rent! In addition to their low overhead expenses, they are highly profitable as they have an easy simple menu plus a HUGE bar business. Please refer to listing number 14769 when inquiring about this restaurant.

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Additional Details:

  • The property is owned.
  • 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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