Restaurant/Cafe - High Volume, Great Location

Floral Park, NY (Nassau County)

Restaurant/Cafe - High Volume, Great Location

Asking Price:$349,000

Cash Flow:$230,000

Gross Revenue:$675,000

EBITDA:N/A

FF&E:$30,000

Inventory:$3,000*

Established:1986

*not included in asking price.

Restaurant/Cafe - High Volume, Great Location

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Business Description

Same Family For Years

Gorgeous restaurant on very busy main road, high traffic area. Everything is in mint condition, updated equipment. Menu prices are extremely affordable and priced well below competition in surrounding area. Tablecloth service, same owner 28 years looking to retire excellent books. Huge potential growth

Great upside growth potential for new buyer by extending operating hours. Room to install pizza oven to expand menu. New buyer can easily increase sales by doing lunch and dinner deliveries, very large corporate client base in area.

Detailed Information

Inventory:
Not included in asking price
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease Option: 10 years Monthly Rent: $ 45,000 Square Footage: 1500 Days & Hours of Operation: Lunch hours: 11:30am-3:00pm Tues-Tri. Dinner hours: 4:30pm-9pm Tues-Thurs 4:30pm-10:00pm Fri & Sat 2 Non-owner Payroll: $ 85,000 Employees: 5 FT 3 PT Absentee Owner: No
Reason for Selling:
Retirement

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John Lauria

Business Listed By:
John Lauria

Inbar Group Inc - Business Brokers

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Jay M. Inbar

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