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Promising Quick Serve Restaurant in Nassau County, NY 31898

Nassau County, NY

Promising Quick Serve Restaurant in Nassau County, NY 31898
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Asking Price: $125,000

Cash Flow: $41,468

Gross Revenue: $235,705

EBITDA: N/A

FF&E: $100,000

Inventory: $5,000*

Established: 2017

*not included in asking price.

Promising Quick Serve Restaurant in Nassau County, NY 31898

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Business Description

700 SF Quick Serve Rest. in Prime Location. *PRICE REDUCED* The current owner built this location from scratch just 2 years ago. The business is profitable, but this was built as a side project. The Owner doesn't have enough time to be there. THE SELLER WILL ENTERTAIN ANY REASONABLE OFFER! The equipment alone is worth over $200K and is less than 2 years old. In fact, the entire shopping center is only 3 yrs. old. You can keep the current concept or convert into another concept. The space is 700 sq. ft. with 26 seats. It offers a full kitchen with Ansul system and grill. There are 7 years left on the current lease at a rent of $4,500/mth (with only 3% annual increases) in a large shopping center with a major anchor store and great parking for over 100 cars. In the past year the business grossed approx. $235,705.11 with a cash flow of approx $41,468.00. YOU WOULD SPEND OVER $250K TO BUILD A LOCATION LIKE THIS FROM SCRATCH. We are seeking a serious and financially qualified buyer with at least $125K in liquid funds. To learn more, please call or email Mel Vaz today. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY.

Detailed Information

Location:
Nassau County, NY
Inventory:
Not included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will train
Reason for Selling:
Time Constraints/Pregnancy
Business Website:
http://www.vestedbb.com/lid-31898
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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