Ara Kitchen & Bar in Commack, NY

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Asking Price:
$1,250,000

Gross Revenue:
$1,700,000
Cash Flow:
$180,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Ara Greek Kitchen & Bar is located in busy Commack South Shopping Center, in the middle of a major shopping district, and it is the only Restaurant & Bar in the area. No expense was spared in building this $3 Million beautiful designer Restaurant & Bar. Ara is 6,800 square feet with seating for 280 guests plus a 1,000 square foot outdoor patio. This business is operating 100% Absentee and has $33,000 in weekly sales. A hands-on owner will propel Sales and Earnings.

Ara has an unbelievable highly visible pad site location with easy access from the LIE and Northern State Parkway, plenty of easy, accessible parking, an incredible build-out, reasonable rent with a long-term leaseā€¦ the only thing this business needs is YOU, new management. Please refer to listing #13939 when inquiring about this opportunity.

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Listing Info

ID:
1582556
Ad Detail Views:
0

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Business Listed by

Ken Stein

The Kensington Company

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Source: Decennial Census (2010), United States Census Bureau.

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