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Restaurant-Bar with Weekly Revenue of $54,000 for sale in Nassau County, NY

Nassau County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 1,500,000 $ 2,800,000 $ 400,000

Real Estate:
$ 1,700,000 (not included in the asking price)

Business Summary:
This busy Restaurant-Bar-Catering Facility is located right in the middle of it ALL, Triple AAA location, right where all the action is. This UNIQUE busy Restaurant and Bar is a very RARE find on Long Island. The business has the design and feel of an upscale New York City Restaurant-Bar. Nothing like this exists on Long Island. There is seating in different areas for over 250 people on two levels. They have a very luxurious upper level for private parties and there are so many unique catering options. They have a great bar area as well as outdoor patio seating as the entire restaurant has been designed to capture an outdoor feel. The ambiance in this establishment is second to none. The business is highly visible on a main road and cannot be duplicated for the selling price of $1,500,000. The Bi-Level restaurant has VERY healthy weekly sales of $54,000 and NETS $400,000. Why rent when you can own? If interested in the business only, price is $1,500,000 with a $600,000 down payment. Huge ADDED BONUS, if interested in purchasing the business & property, the total price for both is $3,2,000. This is a secure business as it has been established for 14+ years. Please refer to listing #12618 when inquiring about this opportunity.

 

   
Year Business was Established: 2001
   
Number of Employees: 42  
   
Owner willing to train: Yes  
   
Seller Reference Number: 12618
BusinessMart.com Listing Number: 186126
 

 

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For more info contact:

Ken Stein

Kensington Company & Affiliates
516-626-2211

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