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Business for Sale Summary

Seafood Restaurant Bar - 23196

Business Type: seller financing available,special situations,best deals!,new to market,retailing businesses,fast food franchise,other eating & drinking places,restaurant/ cafes
Owner Financing
Seafood Restaurant   Bar
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Financial Information (non-confidential)

General Information
Asking Price $699,999 Down Payment $499,000
Gross Revenues $2,302,000 Lease Remaining Register Free to View
Owner’s Cash Flow $441,560 Number of FT Employees Register Free to View

Financing

$499,000 Down and $200,000 for 3 years @7%

Business Description

This profitable and well known High Volume Long Island Seafood Restaurant and Bar has a full liquor license with new equipment. It has been established for several years and is family owned. This rare listing is a true money maker. A 15 year lease is available. They offer sit down dinners, take out, and catering. Contact Broker Jim Aloi for details. PLEASE BE READY TO PROVIDE PROOF OF FUNDS. THIS LISTING WILL BE SHOWN ONLY BY APPOINTMENT ONLY! THIS IS A GOLD MINE*NO DRIVE BYS BY APPOINTMENT ONLY********************** PRICE AND TERMS FIRM.....Rare gem last years sales were $3m

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.