North Shore Restaurant with Over 180 Seats / $35,000 Weekly

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$35,000 in Weekly Sales and Selling for ONLY $399,000!
Asking Price:
$399,000

Gross Revenue:
$1,800,000
Cash Flow:
$180,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$900,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is an amazing opportunity for a rare sale in the restaurant business and the reason is the SIZE. This restaurant is 4,500 square feet with a full basement and over 180 seats and has all the makings to be one of the busiest restaurants on the North Shore in Nassau County, NY. This establishment is located on busy road in an affluent town with ample parking. The exposure of this place is second to none with GREAT visibility. Business is thriving at $1,800,000 per year in sales and the owner is earning $180,000. The owner is relocating to Suffolk County. This concept is working just fine but other concepts can do a WHOLE LOT more. THE BOTTOM LINE- the Business is Doing $35,000 in Weekly Sales and Selling for ONLY $399,000. Please reference listing number #14155 when inquiring about this opportunity.

About the Business

Location:
Nassau County, New York
Year Established:
2007
Number of Employees:
21
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About the Sale

Training/Support:
Yes

Listing Info

ID:
1629959
Ad Detail Views:
0

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Business Listed by

Ken Stein

The Kensington Company

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