Fabulous High Volume Restaurant Bar & Catering Facility

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ATTRACTIVE RESTAURANT - LONG LEASE
Asking Price:
$495,000

Gross Revenue:
$1,400,000
Cash Flow:
$260,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$285,000
included in asking price

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Business Description

*ADDRESS REQUIRES a SIGNED CONFIDENTIALITY AGREEMENT*
(scroll down on left side to Attached Documents, click on Confidentiality Agreement)

This Fabulous Looking 5,000 sq. ft Restaurant, Bar & Catering Facility has been the “Place to Go” for many years.
The Business is in a “Much Sort After Location” on Suffolk County’s North Shore.
The Impressive décor is meticulously maintained and its layout makes it perfect for not only a GREAT DINING & BAR EXPERIENCE, but also for a Private Catering Party. The menu is geared to please to both the sophisticated & casual diner. Along with its attractive dining rooms, it has a LARGE BUSY BAR AREA, which has been long established as a Meeting Place for the more sophisticated & mature clientele.

The Seller is considering retiring and financing is available ONLY TO an EXPERIENCE BUYER with a minimum of $300,000 down.
The Rent for this 5,000 sq. ft restaurant is only $7,898 month (includes taxes) & it has 13 years left on the lease.
(The photo is generic, looks similar to but not of this establishment)

***FOR MORE INFO, please call John Stefan of JS Business Brokers at 631-473-2973

*** For the EXACT ADDRESS of this business, please DOWNLOAD and sign our Confidentiality Agreement & fax it back to me @ 631-473-2973, highlight & copy the below link & paste it to the address bar: http://www.bizbuysell.com/shared/listings/110/1103877/30d6d920-d464-4307-8be9-50a7ec6cdadf.pdf

About the Business

Year Established:
2001
Number of Employees:
4 FT / 12 PT
Real Estate:
Leased
Building Sq. Ft.:
5,000
Facilities:
5,000 sq. ft. with 2-dining areas, large 27 stool mahogany bar, a large kitchen and plenty of parking.
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About the Sale

Reason For Selling:
Seller is considering retiring
Training/Support:
Seller will assist with some training
Seller Financing:
Financing is available ONLY TO an EXPERIENCE BUYER with a minimum of $300,000 down

Listing Info

ID:
1301712
Ad Detail Views:
2434

Attached Files Attachment Disclaimer

  Confidentiality Agreement (24 KB)
Download



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Business Listed by

John Stefan

JS Business Brokers

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U.S. Census Data for Suffolk County, NY
Age

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Suffolk County, NY
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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