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Business for Sale Summary

Greek Restaurant - 23003

Business Type: bar/tavern/night clubs,restaurant/ cafes,best deals!,absentee business,new to market,seller financing available
Owner Financing
Greek  Restaurant
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $125,000
Gross Revenues $639,966 Lease Remaining Register Free to View
Owner’s Cash Flow $150,061 Number of FT Employees Register Free to View

Financing

$125,000 Down and $125,000 FOR 5 YEARS @6%

Business Description

Unique Greek American well loved restaurant established and owned by same family for almost 35 years! This great Suffolk restaurant is 3000sf plus a half basement. They serve lunch and dinner. This dine in, take out and delivery restaurant offers and has 2 town approved parking spots for curb side. This absentee listing presently has a very high income that can be easily increased by $1000k per week with hands on buyer. Great location to add cafe doors and front and rear outdoor seating. Seller will fully train. Low rent and a long lease. Located in a very up and coming area near major route with great walking traffic also located by large apartment complex as well as new condos. Sale includes great lease, fantastic business, all top branded recipes, and seller's support and inventory. The also have a full liquor license and have a food cost under 25 percent. They serve lunch, dinner, wraps, gyros, Greek platters, pasta, appetizers, salads, home dressings and lots more. This is a rare find and a place you will be proud to own for many future years. 12 year lease included and full bar. Great location to offer off premise catering. It has a large kitchen and prep area. Best deal ever- put $125k down and net $150k plus from day one! Contact broker Jim Aloi.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.