Continental Restaurant w/ option on property
Location: New York > Suffolk County
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $130,000
Gross Revenue: $320,000
Seller Financing: Seller willing to hold the mortgage with $45,000 down
Business Summary
Sales are $6,000/week - 30% food, 70%% liquor. There is low overhead on this business
About the Business
Facilities: 1500 SF. Rent is only $2900/month, taxes are only $500 per year. There are nine years left on the lease. Occupancy is 49 with 50 seats outside.
Market Outlook and Competition: We have over 250 bars, restaurant and other food and beverage businesses in the Long Island area. Please visit our website at www.altsolut.net
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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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