Famous Restaurant for Sale in Nassau County

Nassau County, NY

Seller Financing Available
Famous Restaurant for Sale in Nassau County

Asking Price:$2,200,000

Cash Flow:$700,000

Gross Revenue:$3,500,000

EBITDA:N/A

FF&E:N/A

Inventory:$80,000*

Lease Rate/Sq. Ft.:N/A

Established:1988

*not included in asking price.

Famous Restaurant for Sale in Nassau County

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Business Description

Very Busy Restaurant for Sale on Main Road in Nassau County. Owners finally deciding to retire, business nets 700,000 a year. Very Long Lease (14 years) with 2 percent increases. Shopping center has a lot of parking. Has 38 Full time and 17 Part Time employees. Seller Financing Available

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
1/1/2030
Employees:
38 f/t 17 p/t
Facilities:
Attached Steakhouse Restaurant in Nassau County Seats 240 people, Has 2 party rooms, seats 25 at bar. Has a full 7500 sq ft basement
Financing:
1,000,000 @ 6 % over 5 years
Reason for Selling:
retiring

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