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Business for Sale Summary

Seafood Restaurant - 24101

Business Type: bar/tavern/night clubs,delicatessen/catering services,other eating & drinking places,restaurant/ cafes,best deals!,new to market,business with property available,seller financing available
Owner Financing
Seafood Restaurant
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This business has received 80 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $250,000
Gross Revenues $920,000 Lease Remaining Register Free to View
Owner’s Cash Flow $170,000 Number of FT Employees Register Free to View


$250,000 Down and 150,000 for 5 years @ 6%

Business Description

Free Standing 5500 sf Restaurant owned and established for over 30 years by older seller who wishes to retire. This restaurant has fantastic visibility and is located in Western Suffolk on a main road. They have onsite parking for over 50 cars. They presently offer a seafood type menu. Buyer who updates this great restaurant or converts it to a franchise can greatly increase present business. Seller and landlord offer an attractive long term lease to a qualified buyer. Great location for a night club, steak restaurant, seafood, sushi, etc. This restaurant has a full sit down bar and would increase business if buyer promotes a bar crowd or catering and stays open later. Seller now closes at 9pm. Seller offers a 20 year lease! 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.