Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Fantastic Restaurant With Long Term Lease For Sale

Suffolk County, New York
Asking Price:
$249,000 (USD) Inventory / Stock included
Sales Revenue:
$928,450 (USD)
Cash Flow:
$113,000 (USD)

Fantastic Restaurant w/Long Term Lease. This is a 2,420 sq. ft. Corner Restaurant in a Hot South Shore area. In fact, this is currently the hottest area of growth on the South Shore of Suffolk County. This is the only restaurant of this size, with it's own 80-space parking lot in the area. All other places have metered lots or metered street parking. They specialize in breakfast and lunch. This place offers 90 seats in the dining room, with a full restaurant kitchen. In the past year, the business grossed approx. $928,450.00, with a net cash flow of approx. $113,000.00 (for an owner/manager). These are verifiable figures! This is a unique situation. The current owner is the landlord, and he has many other projects going on. He is open to selling the business "as is", or, if an experienced restaurateur were to propose a viable new concept, he would be willing to take a lower price. Ideally, he is seeking a good tenant who would improve his building. At the very least, he will offer a 10 year lease, but A 20 Year lease is possible. We are seeking a serious and financially-qualified buyer with at least $160K in liquid funds to cover the downpayment and Rent security.to learn more, please call mel vaz at. All site visits must be discreet. Please do not mention the sale when visiting the location.

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 to discover the difference that is Vested Business Brokers.

For more information on this listing- copy and paste this link into your browser for instant access to this business information.

Business Operation

Reasons for selling:

Other businesses

Employees:
8/20
Years established:
15

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

149,000.00 Down & $100K over 4 yrs. @ 6%

Furniture / Fixtures value:
$100,000 (USD)
Inventory / Stock value:
$5,000 (USD) - included in the asking price

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Vested Business Brokers HQ. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here