Amazing Rockville Centre Restaurant for Sale is Priced to Move!

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Asking Price:
$299,000

Gross Revenue:
$500,000
Cash Flow:
$100,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Turn-Key 2 year old Restaurant for Sale in Rockville Centre, NY is a Rare Opportunity to Own a Piece of the Restaurant Business in Rockville Centre. Great Lease in High-Income Area. This Year's Sales are trending over $500,000
This great ethnic cuisine restaurant for sale is available in Rockville Centre right on Sunrise Highway. This once in a lifetime opportunity to own a restaurant in the heart of Long Beach doesn't come around often. With current sales trending over $5000,000 this year, this restaurant for sale currently serves ethnic cuisine. You could keep the concept the same or be transformed into anything imaginable. This restaurant will be doing north of $500,000 a year in sales and has the potential to be much great. Being only 2 years old and newly renovated, is only been sold for $299,000. Please note, this is a turn-key operation, no major renovation is needed.
We Sell Restaurants is excited to show you this restaurant for sale. Rockville Centre is a very desirable area and restaurants don't come up for sale often. Take this opportunity to visit this turnkey establishment and picture your dream restaurant. The sellers are looking to for motivated buyers and that is why it is priced at $299,000.
This beautiful restaurant for sale is laid out over 2000 square feet on the main floor and a basement with another 2000 square feet. There are 49 seats available to accommodate both small intimate dinners and larger group parties. The best thing about this opportunity is there is a 10-year lease with a 5-year option. The rent is $6400 per month, which includes water, sewage, and taxes. The kitchen is laid out perfectly for a chef and his helpers. The kitchen is fully equipped with commercial grade equipment that will suffice all your needs. Sales are derived from in-house diners, catering, take out, Grub Hub, Uber eats and Door Dash.
This restaurant for sale in Rockville Centre offers so much opportunity. The demographics for Rockville Centre are impressive, too. The median household income is $119,000 at an average age of 42. Rockville Centre is home to more than 551,000 residents within a 5-mile radius. This is an amazing opportunity to own the restaurants of your dreams.

About the Business

Location:
Rockville Centre, New York
Year Established:
2018
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$6,400.00 Per Month
Lease Expiration:
6/1/2031
Facilities:
large hood flattop grille ovens convection oven refrigerators freezers Ice Box walk in box ample dry storage shelving small appliances smallwares
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
On Sunrise Highway great visibility and parking Newly built out both dining room and kitchen 2000 square feet on the main dining room
Growth & Expansion:
Only been open for 2 years Great room for expansion in catering and delivery
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About the Sale

Reason For Selling:
Other
Training/Support:
yes 2-4 weeks

Listing Info

ID:
1659184
Ad Detail Views:
215

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Business Listed by

Michael Kelly

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152


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