MergerPlace

Restaurant-High End/Catering/Bar/Lounge

Nassau, New York (Nassau)


  • Asking Price: $549,000
  • Gross Income: $1,250,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $750,000
  • Listing ID: #206214
  • Established: 2012
  • Employees:

Business Description

North Shore fantastic location with all the amenities of a terrific restaurant/catering/lounge. White table cloth, great location for many years with outstanding food, service and ambiance. This outstanding location is available for a serious restaurateur seeking a "presence" with a trademarked location that is second to none. Have access to the North Shore of Long Island in a completely maintained restaurant space known for decades as a magnificent restaurant with family ownership on premises. This will be your "Diamond" "go-to jewel if you are an existing restaurant professional or it could be the site of your "suburban" spot if you are a NYC operator. Separate catering room which holds up to 150, lounge/bar area seating over 20 and dining room seating over 100, all uniquely appointed with grace and elegance.


Business Details

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

Company Information

Year Established: 2012
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $549,000
Gross Revenue: $1,250,000
FF&E: $750,000
Inventory: $20,000
Seller Financing Available: No

Property Information

Facilities:

Meticulous, Triple AAA location and facilities with fabulous location and maintenance.

Growth & expansion opportunities:

Excellent with catering business (inside and outside), large bar capabilities and additional volume for quality dining.

Competition:

Limited for this type of quality venue, location, facilities and reputation

Reason for selling:

Other Business Interests

Contact Business Seller

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Business Listed By:

Anthony Citrolo

New York Business Brokerage