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Financing: $900,000.00 Down and 200K at 9% over 36 months Reason for Selling:personal Since 1938, this Italian Restaurant is serving the local community in a very reputable way. It is located in one of the richest areas on Long Island. Its gross sale is over 2.2 million a year; has it own bar.
It has the seating arrangement of 100 guests at a time. All the employees have been working for many many years and are willing to work with a new owner. The restaurant is known for its scrumptious and mouthwatering dishes.
All day to day business is fully computerized and is openly verifiable. Seller wants to sell with property for 2.9 million. The existing loan is transferrable. Seller's net cash flow, after all the expenses is over $450,000 a year. Property is being sold through PMTG Reality.
It is once in a life time opportunity to buy this kind of highly profitable business. Proof of funds is a must.
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 |