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Business for Sale

High End Restaurant For Sale in Suffolk County
Suffolk County, NY

Listing #34060

   
Financial Information (non-confidential)
Asking Price $250,000.00 Gross Revenues $1,700,000.00
Down Payment $250,000.00 Owner’s Cash Flow $205,000.00

Financing: $250,000.00 Down and Possible.

Reason for Selling:Retirement.

Highly Regarded Restaurant. Major Price Reduction! This landmark restaurant has been serving up high quality food and drink since 2014. 2024 gross sales were $1,700,000 (up from the previous year)with an owner's cash flow of approx. $205,000.00. This is a fully equipped space with 80 seats indoors as well as seating for over 100 outside. They have 4 years left on the current lease at a total rent of $6,000 (incl. tax and CAM). A qualified tenant will have the ability to extend the lease. The current owners are looking to retire after a great run. Owner is willing to stay on for a training and transition period. We are seeking a serious and financially qualified buyer with at least $250,000 in liquid funds to cover the asking price. To learn more, please call, text or email Mel Vaz today at 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!

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.
Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
All of NY
All of NJ
All of CT
All of MA
Melvin L. Vaz

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.

1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com

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