REDUCED-Diner North Shore w/ 28 Year Lease - 40% FINANCING - $55k Week

Rocky Point, NY (Suffolk County)

REDUCED-Diner North Shore w/ 28 Year Lease - 40% FINANCING - $55k Week
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Asking Price: $1,750,000

Cash Flow: $607,880

Gross Revenue: $2,850,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $8,000 /Month

Established: N/A

REDUCED-Diner North Shore w/ 28 Year Lease - 40% FINANCING - $55k Week

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Business Description

Landmark Diner EST 30 years ago and very good following over 55k weekly open 7 days 250 seats full liquor 6000 sq ft Sits on 2.5 acres spots for 130 cars. Any family can buy this with 60% down and be extremely successful as the last owners have. Owners have too many ventures and can't handle this additional restaurant. Extremely LOW rent makes this a home run opportunity for anyone with food experience or even someone new looking to break into the diner business.

Detailed Information

Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
2/6/2048
Support & Training:
Seller willing to train new owner
Reason for Selling:
other business interests
Business Website:
http://www.eastcoaststores.com
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Contact the Seller

(from currently available funds)
 
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Henry Galasso

Business Listed By:
Henry Galasso

East Coast Stores LLC, NYC

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