Thriving Long Island Restaurant for Sale

Nassau County, NY

Seller Financing Available
Thriving Long Island Restaurant for Sale
Contact Seller

Asking Price: Get Financing: $500,000

Cash Flow: $250,000

Gross Revenue: $1,400,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2016

Thriving Long Island Restaurant for Sale

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Business Description

Steakhouse, Seafood & So Much More

Steakhouse, Seafood & so much more.

This established restaurant & diner is located in a high traffic area on a major thoroughfare in a desirable neighborhood. Seats 80 people. Fully trained staff in place. All equipment well maintained. Owner overseas operation and does all ordering & hiring. This is a great opportunity for a first time buyer looking to own and operate a restaurant/diner or an experienced restaurateur seeking to expand.

Owner is very motivated to sell as he is ready to move on to other ventures. Owner will finance with the right offer from a qualified buyer . Restaurant is priced to sell and with an Annual Net Profit of $250K you should make your investment back quickly. You can also increase sales by adding online ordering , building up deliveries , catering and social media.

Property is also available for sale with business.

Property being offered for sale at $900K (Business is priced at $500K)

Building rests on a 3,498 square foot lot. and was built in 1967.

10 yr Lease will be given to new tenant should they decide not to purchase the property.

Owner invested over $400K in renovations and capital improvements to the restaurant and property.

Restaurant/Diner is in immaculate condition with all new fixtures and equipment.

THIS IS A MUST SEE!!!

Serious Inquires should complete NDA and contact broker
John Batista for showing instructions
john@nybbinc.com
Ph: 1-631-390-9650 Option 5

Detailed Information

Real Estate:
Owned
Building SF:
N/A
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Contact the Seller

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Kyle Griffith, CBI

Business Listed By:
Kyle Griffith

New York Business Brokerage

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The New York Association of Business Brokers (NYABB).


Sponsoring Broker:
Tony Calvacca, CBI

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