Grill & Restaurant - 23052 Business Type: bar/tavern/night clubs,other eating & drinking places,restaurant/ cafes/ diners,must sell/drastic price reduction!,owner financing available
Acted as the Advisor to the Deal
Suffolk County, NY
Kings County, NY
Bronx County, NY
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $200,000 | Down Payment | $115,000 |
| Gross Revenues | $900,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $165,248 | Number of FT Employees | Register Free to View |
Financing
$115,000 Down and 85,000 Equipment Lease For 36 Months
Business Description
Fantastic restaurant and grill with full service bar located in high income area in busy shopping strip with great exposure. 2200 sq. ft. listing is clean bright, cozy and very busy to say the least. They do a huge daily delivery with 5 drivers and take out business. Also has a dine area with a 100 seats. Known for their great salads, seafood and catering business. For urgent personal reasons, owner is selling the business for half of what it is worth. Parking is unlimited there kitchen is well designed and fully updated. Must see! This listing offers a rare 20 year lease! Seller needs out and will take $115k down and buyer can taker over balance of equipment lease for $85k for 39 months payments are about $2200 per month. Fully updated listing that will not last. Seller is closed Monday and open a half a day Tuesday. Buyer can open more hours offer more items on menu open more locations and promote more bar and diner business. Location grosses close to a million dollars per year with a net over $165k. Menu includes appetizers, pasta dishes, large salad choice, grilled salmon and steaks, veal, chicken and seafood choices. For More Information Contact Your Local Vested Business Broker, Jim Aloi, at 1-877-735-5224.
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.
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