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Business for Sale Summary

Gourmet Burger Restaurant for sale in Long Island - 34225

Business Type: business with property available,delicatessen/catering services,misc. retail/non-classifiable,other eating & drinking places,other food stores,seller financing available,restaurant/ cafes/ diners
Owner Financing
Gourmet Burger Restaurant for sale in Long Island
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This business has received 85 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $199,000 Down Payment $199,000
Gross Revenues $1,170,000 Lease Remaining Register Free to View
Owner’s Cash Flow $200,000 Number of FT Employees Register Free to View

Financing

$199,000 Down and The seller will entertain any reasonable offer!

Business Description

Stand Alone Gourmet Burger Restaurant w/ Property Option. ***Fire Sale*** Forced to close the doors this past week due to owner's health. No reasonable offer shall be refused! Very motivated. Established for 8 years, this has become a community landmark offering high quality burgers and sides cooked to order. No Blend, No Fillers, No Preservatives. Stellar reviews! They have a fantastic stand-alone location with high visibility on a high traffic road with their own parking lot for over 40 cars. The space is 2.300 sf. with a full kitchen and hood, indoor seating for 40 and an additional outdoor seating area for 60 patrons. There is a 30 year lease in place with a rent of $7,500/mth and an option to buy the property. The business had been consistently grossing $20 - $25K per week until the owner became ill. In the past few months sales have declined to $12- $15K per week. A hands on owner with restaurant experience can turn this around, but you must act now! The business is still fully staffed with 5 F/T and 5 P/T employees plus the owner. We are seeking a serious and financially qualified buyer with at least $299K in liquid funds. The seller will entertain any reasonable offer! To learn more, please call, text or email Mel Vaz today on 631-767-0157 or melvaz@vestedbb.com. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only once proof of liquid funds has been provided!

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.

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.