Fabulous High Volume Restaurant Bar & Catering Facility

Smithtown, NY (Suffolk County)

Seller Financing Available
Fabulous High Volume Restaurant  Bar & Catering Facility

Asking Price:$495,000

Cash Flow:$260,000

Gross Revenue:$1,400,000

EBITDA:N/A

FF&E:$285,000

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2001

Fabulous High Volume Restaurant Bar & Catering Facility

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Business Description

GREAT LEASE - WELL ESTABLISHED

*ADDRESS REQUIRES a SIGNED CONFIDENTIALITY AGREEMENT*
This Fabulous Looking 5,000 sq. ft Restaurant, Bar & Catering Facility has been the “Place to Go” for many years.
The Business is in a “Much Sort After Location” on Suffolk County’s North Shore.
The Impressive décor is meticulously maintained and its layout makes it perfect for not only a GREAT DINING & BAR EXPERIENCE, but also for a Private Catering Party. The menu is geared to please to both the sophisticated & casual diner. Along with its attractive dining rooms, it has a LARGE BUSY BAR AREA, which has been long established as a Meeting Place for the more sophisticated & mature clientele.

The Seller is considering retiring and financing is available ONLY TO an EXPERIENCE BUYER with $350,000 down.
The Rent for this 5,000 sq. ft restaurant is only $7,700 month (includes taxes) & it has 13 years left on the lease.
(The photo is generic, looks similar to but not of this establishment)

***FOR MORE INFO, please call John Stefan of JS Business Brokers at 631-473-2973

*** For the EXACT ADDRESS of this business, please DOWNLOAD and sign our Confidentiality Agreement & fax it back to me @ 631-473-2973, highlight & copy the below link & paste it to the address bar: http://www.bizbuysell.com/shared/listings/110/1103877/30d6d920-d464-4307-8be9-50a7ec6cdadf.pdf

Attached Documents


Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
5,000
Lease Expiration:
N/A
Employees:
4 FT / 12 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,000 sq. ft. with 2-dining areas, large 27 stool mahogany bar, a large kitchen and plenty of parking.
Financing:
Financing is available ONLY TO an EXPERIENCE BUYER with $350,000 down
Support & Training:
Seller will assist with some training
Reason for Selling:
Seller is considering retiring

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John Stefan

Business Listed By:
John Stefan

JS Business Brokers

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