3,100 SF Waterfront Restaurant Opportunity Sale - 36649

Financing

$89,000 Down and None.

Business Description

3,100 SF stand alone waterfront restaurant assets now available. A new lease is also available. This spacious restaurant is located in an affluent community. It has its own spacious parking lot with 88 spots. The restaurant is no longer operating, creating an opportunity for an experienced restaurateur to come in and be ready to open before the busy high season. The space is fully equipped with a large, full kitchen, full bar, seating for 105 indoors with an additional 61 outdoor seats on the back deck. Additionally, the heat hot water and roof have all been upgraded. The current owner owns the property and will offer a 15 year lease (10 plus 5) with a rent of $7K/mth to the new owner. Ideal for a surf and turf concept. We are seeking a serious and financially qualified buyer with restaurant experience and at least $150K - $200K in liquid funds (To cover the $89K in key money, 3 months rent security, plus basic additional closing costs). An additional 1,450 market space is available as well, for additional key money and rent. Proof of funds will be requested prior to meeting with the owner. 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. All meetings must be scheduled by appointment only!

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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.