TURNKEY 3,200 SF RESTAURANT & BAR FOR SALE – $250,000
Nassau County, NY

Financing: $150,000.00 Down and 100K over 2 yrs. @ 7%. Negotiable.

Reason for Selling:Divesting.

TURNKEY 3,200 SF RESTAURANT & BAR FOR SALE – $250,000

FULL LIQUOR LICENSE | 80 SEATS | SELLER FINANCING AVAILABLE

Acquire an Established Restaurant Build-Out for $250,000 – Just $150,000 Down!

Seller Will Finance $100,000 for 24 Months at 7% Interest.

Why spend hundreds of thousands of dollars building a restaurant from scratch when you may be able to take over an existing, extensively equipped restaurant facility and bring your own concept to life?

This is an outstanding opportunity for an experienced restaurateur, existing restaurant owner, hospitality group, or financially qualified entrepreneur seeking a substantial restaurant space with a large bar, full liquor license, commercial kitchen, and seating for approximately 80 guests.

Located on a major roadway in a densely populated area, this approximately 3,200-square-foot restaurant offers a foundation for a new concept without starting from an empty space.

RESTAURANT FEATURES

• Approximately 3,200 SF of restaurant space.

• Seating for approximately 80 guests, offering room to serve a meaningful customer base.

• Full liquor license, subject to applicable licensing and transfer requirements.

• Large, attractive bar suitable for a restaurant, bar-and-grill, or other approved hospitality concept.

• Extensive commercial kitchen facilities with restaurant equipment and infrastructure already in place.

• Furniture, fixtures, and equipment included in the sale, as specified in the purchase agreement.

• Bring your own brand and concept: The existing restaurant name and concept are excluded, allowing the buyer to create a new identity and menu.

Recreating a restaurant facility of this size and configuration could require a substantial investment in construction, kitchen equipment, furnishings, permitting, and professional services. This opportunity may offer considerable savings in both time and upfront development costs compared with building from scratch.

BRING YOUR OWN CONCEPT

Whether you envision a fast-casual restaurant, specialty cuisine, a full-service dining establishment, or a bar-and-grill, this facility provides a versatile starting point for a qualified operator.

Potential concepts and uses are subject to lease provisions, landlord approval, zoning, licensing, and other applicable requirements.

An existing restaurant build-out can provide a meaningful head start for an operator who understands the business and has a clear plan for developing a new concept.

ATTRACTIVE PURCHASE TERMS – SELLER FINANCING

Asking Price: $250,000 (Negotiable)

• Down payment: $150,000

• Seller financing: $100,000

• Interest rate: 7% annually

• Repayment term: 24 months

The seller is willing to finance $100,000 of the purchase price, subject to mutually acceptable terms and definitive documentation.

Seller financing may provide a qualified buyer with additional flexibility while preserving capital for working capital, inventory, staffing, marketing, and the launch of a new restaurant concept.

LEASE INFORMATION – IMPORTANT

• Monthly rent: $19,500

• Landlord approval: Required

• Credit and financial qualifications: Strong qualifications are essential.

Prospective buyers should carefully evaluate the rent and total occupancy costs against their projected sales, operating expenses, and business plan before proceeding.

BUYER QUALIFICATIONS

This opportunity is best suited for an experienced restaurant operator, existing hospitality business, or financially qualified entrepreneur with a credible operating plan and sufficient capital to fund the acquisition and ongoing operations.

Buyers must have:

• At least $200,000 in liquid funds, including the $150,000 down payment and additional funds for anticipated lease security, opening expenses, and working capital.

• Good credit and the ability to satisfy the landlord's financial requirements.

• Sufficient additional capital to support the business after closing.

• A clear concept and the ability to meet applicable licensing and operational requirements.

Proof of liquid funds is required before a buyer-seller conference call, meeting, or site visit is arranged.

CONFIDENTIAL INQUIRIES

For additional information, contact Mel Vaz by call, text, or email.

Phone: 631-767-0157
Email: melvaz@vestedbb.com

All meetings and site visits are strictly by appointment only. Visits must be conducted discreetly. Please do not approach or speak with restaurant personnel regarding the sale.

Serious, financially qualified buyers 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.