Promising Quick Serve Restaurant in Nassau County, NY 31898

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Asking Price:
$125,000

Gross Revenue:
$235,705
Cash Flow:
$41,468
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
not included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

700 SF Quick Serve Rest. in Prime Location. *PRICE REDUCED* The current owner built this location from scratch just 2 years ago. The business is profitable, but this was built as a side project. The Owner doesn't have enough time to be there. THE SELLER WILL ENTERTAIN ANY REASONABLE OFFER! The equipment alone is worth over $200K and is less than 2 years old. In fact, the entire shopping center is only 3 yrs. old. You can keep the current concept or convert into another concept. The space is 700 sq. ft. with 26 seats. It offers a full kitchen with Ansul system and grill. There are 7 years left on the current lease at a rent of $4,500/mth (with only 3% annual increases) in a large shopping center with a major anchor store and great parking for over 100 cars. In the past year the business grossed approx. $235,705.11 with a cash flow of approx $41,468.00. YOU WOULD SPEND OVER $250K TO BUILD A LOCATION LIKE THIS FROM SCRATCH. We are seeking a serious and financially qualified buyer with at least $125K in liquid funds. To learn more, please call or email Mel Vaz today. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY.

About the Business

Location:
Nassau County, New York
Year Established:
2017
Number of Employees:
3
Website:
www.vestedbb.com/lid-31898
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About the Sale

Reason For Selling:
Time Constraints/Pregnancy
Training/Support:
Seller will train

Listing Info

ID:
1648313
Ad Detail Views:
0

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Business Listed by

Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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