HURRY!! Nassau Italian Rest W/Prop Option! $1.55mm Gross $225K Net

Mineola, NY (Nassau County)

HURRY!! Nassau Italian Rest W/Prop Option! $1.55mm Gross $225K Net
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Asking Price: $575,000

Cash Flow: $258,629

Gross Revenue: $1,550,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $13,750 /Month

Established: N/A

HURRY!! Nassau Italian Rest W/Prop Option! $1.55mm Gross $225K Net

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Business Description

Fantastic 1.55mm Italian restaurant with a NET of 255k in New Hyde Park/ Mineola. Great for an owner operator, a chef or a family of experienced restaurant people. 6000 square feet 270 persons on the cert of occupancy with a 2 a.m. full liquor license. This restaurant has three rooms two that can be separated out as different party rooms with five POS stations and 16 IP address cameras. This restaurant has a great following in the community. Established over 25 years ago. Has plenty of parking. Please call Henry Galasso or register below. Please have proof of funds. Property Available for 2.2mm with 5 rentals 200k in rev for prop 2.75mm total or best offer

Detailed Information

Location:
Mineola, NY
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
10/9/2039
Support & Training:
Seller willing to train new owner
Reason for Selling:
Other business interests
Business Website:
http://www.eastcoaststores.com
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(from currently available funds)
 
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Henry Galasso

Business Listed By:
Henry Galasso

East Coast Stores LLC, NYC

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