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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 learn more, please call mel vaz at. All site visits must be discreet. Please do not mention the sale when visiting the location.

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Business Operation

Reasons for selling:

Other businesses

Years established:

Other Information

Support & training:


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

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