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Business for Sale Summary

Spacious Restaurant for sale in Prime Location- Na - 34002

Business Type: bar/tavern/night clubs,misc. retail/non-classifiable,other eating & drinking places,other food stores,seller financing available,restaurant/ cafes/ diners
Spacious Restaurant for sale in Prime Location- Na
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This business has received 44 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $399,000 Down Payment $399,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $234,000 Number of FT Employees Register Free to View

Financing

$399,000 Down and Possible for a well qualified buyer with good credit and a personal guarantee.

Business Description

Stand Alone 4,000 sf Restaurant in an affluent area of N. Shore Nassau County. The current owners have been here for 15 years and one has decided to move. With markets opening up, this is the perfect time to lock in a great deal as the recovery starts. Even in a pandemic year this business grossed approx. $1,300,000.00 last year with an owner’s cash flow of approx. $234,000.00. The business is in a prime location. It is a stand-alone building with a large parking lot, ideal for private events. They offer a full kitchen and full liquor license. There are 16 years left on the current lease with a rent of $13,800/mth. There are 12 employees on staff right now. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds. 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!

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 registration@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.