Formerly Upscale Steak House with Optional Property
Location: New York > Suffolk County > Eastern Suffolk
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $219,000
FF&E: $100,000 (Included in Asking Price)
Real Estate: $1,850,000 (Not Included in Asking Price)
Seller Financing: Partial financing is a possibility negotiable
Business Summary
Formerly operated over four years as a upscale steak house restaurant for sale by Landlord. During the years of operation business generated gross sales between $1M to $1.5M per year. Tenant was evicted due to questionable activities. This is a turn key operation with equipment ages between 1 to 5 years old. Bargain opportunity for experienced person who knows how to run a restaurant business. Restaurant is an excellent condition. Main Dining room have a seating for 64 people. Private dining room siting additional 16 people. For additional information please contact Mark Gavrilov 516-942-3588 or visit our web site at www.gmdcbc.com
About the Business
Year Established: 2001
Facilities: Business located in north shore eastern Suffolk County and occupies 3122 sqf on the main level + 819 sqf second floor that is being used as an office and the storage room. Long lease will be available should the Buyer decide to lease the premises at starting rent of $7950 includes tax. Optional property .66 acres =24,000 sqf with the Building that was build in 2001 is also available for sale at $1.85M. RE taxes $19,578. Ample parking
About the Sale
Reason For Selling: Tenant was evicted
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Listing Tools
BizQuest ID:905646
Seller ID:257
Business Listed By
Name:Mark Gavrilov
Company:GMDC Business Consultants
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.