Restaurant "Reduced" $85K
Location: New York > Suffolk County > Commack /Northport area
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $139,000
Gross Revenue: $600,000
Cash Flow: $105,000
FF&E: $225,000 (Included in Asking Price)
Seller Financing: Yes with $80,000 down
Business Summary
This Beautifully Appointed Restaurant has been "Reduced" by $85,000 for a quick sale to $139,000. It is only 4-years old, seats 50 at tables plus a full bar and full basement. It is a "Free Standing" building with it's own parking lot located near the Commack /Northport area of Long Island. Open only 6 days a week from 4:30PM. The Rent is $5,400 mo. with a 9 1/2 yr lease. "Buy It Now" you must move fast for that price. Seller will hold notes with $80,000 down.
For more info, call John Stefan (631) 473-2973
For more info, call John Stefan (631) 473-2973
About the Business
Year Established: 2004
Employees: 3 full time - 4 part time
Facilities: Beautiful Restaurant, Contemporary Design with Sky lites. It is a Free Standing Building, 2200 sq. ft. + full basement with a 22-car parking lot, seats-50 + full bar. Open 6 days a week from 4:30PM. Rent is $5,400 month a with 9 1/2 yr lease. Support/Training: Yes
Market Outlook and Competition: This location is excellent for any type of smaller restaurant, such as an Italian Restaurant, Bistro, American Restaurant, Cafe, Chinese or Japanese Restaurant, Mexican Restaurant, Franchise concept, Bar/Pub, Tavern, Greek Italian Restaurant etc.
About the Sale
Management Training and Support: Yes
Reason For Selling: Personal
Attached Files - Attachment Disclaimer
| Dinning Room (daytime) picture | |||
| Dinning Room (night time) picture | |||
| The Bar | |||
| Waiting area /couch,etc |
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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.
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