MergerPlace

Profitable Restaurant/Diner w/ Property

New York (Nassau)


  • Asking Price: $1,400,000
  • Gross Income: $1,400,000
  • Cash Flow: $250,000
  • Real Estate: $900,000
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #208097
  • Established: 2016
  • Employees:

Business Description

Steakhouse, Seafood & so much more.

This established restaurant & diner is located in a high traffic area on a major thoroughfare in a desirable neighborhood. Seats 80 people. Fully trained staff in place. All equipment well maintained. Owner overseas operation and does all ordering & hiring. This is a great opportunity for a first time buyer looking to own and operate a restaurant/diner or an experienced restaurateur seeking to expand.

Owner is very motivated to sell as he is ready to move on to other ventures. Owner will finance with the right offer from a qualified buyer . Restaurant is priced to sell and with an Annual Net Profit of $250K you should make your investment back quickly. You can also increase sales by adding online ordering , building up deliveries , catering and social media.

Property is also available for sale with business.

Property being offered for sale at $900K (Business is priced at $500K)

Building rests on a 3,498 square foot lot. and was built in 1967.

10 yr Lease will be given to new tenant should they decide not to purchase the property.

Owner invested over $400K in renovations and capital improvements to the restaurant and property.

Restaurant/Diner is in immaculate condition with all new fixtures and equipment.

THIS IS A MUST SEE!!!

Serious Inquires should complete NDA and contact broker
John Batista for showing instructions
john@nybbinc.com
Ph: 1-631-390-9650 Option 5


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: New York
County: Nassau

Company Information

Year Established: 2016
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,400,000
Gross Revenue: $1,400,000
Cash Flow: $250,000
Real Estate: $900,000
Seller Financing Available: Yes

Contact Business Seller

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Business Listed By:

Kyle Griffith

New York Business Brokerage