Prime Location Restaurant For Sale Nassau County
Business Description
HS Listing ID-67776
Opportunity to own an 8-year established, profitable local favorite restaurant. Located directly on a busy main thoroughfare, this prime spot benefits from massive foot traffic and exceptional street visibility. Presently Absentee Ran!
SELLER FINANCE AVAILABLE
$150k down minimum
Overview:
Weekly sales: ~$21,000 / week (based on POS)
Cash flow: ~$84,000 (100% absentee ran)
Business Highlights:
Established 2017
Located on busy street
Fully staffed with 17 employees
100% absentee with management
Local community favorite
Rent & Lease:
Rent: $4,090 / month (includes taxes & CAM)
Term: 5 + 5 yr option
Sqft: 1400
Staffing & Payroll:
17 employees
Payroll: $8200 / weekly (cash: $3,000 + $5200 ADP)
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Opportunity to own an 8-year established, profitable local favorite restaurant. Located directly on a busy main thoroughfare, this prime spot benefits from massive foot traffic and exceptional street visibility. Presently Absentee Ran!
SELLER FINANCE AVAILABLE
$150k down minimum
Overview:
Weekly sales: ~$21,000 / week (based on POS)
Cash flow: ~$84,000 (100% absentee ran)
Business Highlights:
Established 2017
Located on busy street
Fully staffed with 17 employees
100% absentee with management
Local community favorite
Rent & Lease:
Rent: $4,090 / month (includes taxes & CAM)
Term: 5 + 5 yr option
Sqft: 1400
Staffing & Payroll:
17 employees
Payroll: $8200 / weekly (cash: $3,000 + $5200 ADP)
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Rent
- $4,090.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
- Financing Options
- $150k down minimum
Listing Info
- ID
- 2420175
- Listing Views
Listing ID: 2420175 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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