Financing: $300,000.00 Down and 100,000 at 5% over 36 months.
Reason for Selling:Other interests.
This is a great and beautiful Mexican Restaurant. Grill & Lounge Restaurant is located in a great part of Nassau County, Long Island. It has a beautiful dining room and bar section. It is 3000 sq. ft., and rent is only $4,700 a month. The current lease has six years remaining, with a five-year option. Restaurant is grossing $650,000 a year. After all bills are paid, the owner's cash flow is $175,000. Owner is asking for $400,000, with $300,000 down, and he will hold a note of $100,000. He has four part-time employees and three full-time employees. This is one you must see. It is a great business! Call the broker for more details.
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