Business for Sale

Buy A Business
Business for Sale Summary [Non-Confidential]

« Back to Previous Page

ID:20869

Restaurant

Suffolk County, NY

Business Type: seller financing available,special situations,new to market,retailing businesses,delicatessen/catering services,other eating & drinking places,restaurant/ cafes

Recorded Info
Print

Non-Confidencial Financial Infomation

  • Asking Price

    $199,000.00

  • Gross Revenues

    $603,200.00

  • Financing

    $ 150,000.00 Down and $49K at 6% for 60 months

  • Owner's Cash Flow

    $117,920.00

FREE MEMBER REGISTRATION
Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

PRIME LOCATION. Landlord negotiable. This is an extremely popular Chinese restaurant in a PRIME location on one of Long Island's busiest streets. Serving friends and family for over 30 years -- they have established a huge following of customers, both from the private and business sector. Charming restaurant does over $600k in annual revenue. Staff is professional and the kitchen is immaculate and large enough to handle expansion. Every meal is prepared with only the finest ingredients and the chef's preparation techniques are beyond compare. Their menu is extensive, offering an enchanting array of Chinese food, and includes over 200 dishes from appetizers to chef's specials. They feature a Special Luncheon menu served daily until 4pm. Take-out service is always available and location has a full basement for storage. The decor is simple yet refined, not cluttered, one feels very comfortable and the ambiance is perfect for a large family gathering or a cozy dinner for two. They have a large number of private parties for birthdays, anniversaries as well as bridal and baby showers. Catering can be done on or off premises. call Bill Levine 516-496-3331.

vbb