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Financing: $700,000.00 Down and Possible. Reason for Selling:Retirement. 2,500 SF Gold Coast Diner! The diner is selling for $700K. The property is an additional $2.5 million. This is a true gem.
Located on a main street, it is just a few minutes walk to the harbor. The same owner who started the business is now ready to retire after 36 years.
The restaurant offers seating for 82 patrons with a semi private room in the back and a full basement. All furniture, fixtures and equipment included.
In the past year the business grossed approx. $2,000,000 with a total owner benefit of approx. $400,000. The building and property are available for an additional $2.5 mil. through PMTG Realty.
That includes two apartments above. A four-bedroom apartment and a two bedroom apartment. There is a municipal lot in the back, and street parking in front.
A buyer with good credit, collateral and experience may qualify for a mortgage on the purchase of the building.
We are seeking a serious and financially qualified buyer with at least $700K in liquid funds to cover the business asking price.
An additional 20% down payment of $500K, or more, would be needed for a mortgage on the building.
Proof of funds for at least $1.2 mil. will be requested prior to meeting with the owner. All site visits must be discreet.
Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
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