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Businesses For Sale > Business For Sale in Eastern Suffolk, New York (NY)

Formerly Upscale Steak House with Optional Property

Eastern Suffolk, New York (NY)

Asking Price: Gross: Cash Flow:
$219,000 $1,200,000 Undisclosed

Furniture and Fixtures Value:
$100,000 (included in the asking price)

Real Estate:
$1,850,000 (not included in the asking price)

Business Summary:
Formerly operated over four years as a upscale steak house restaurant for sale by Landlord. During the years of operation business generated gross sales between $1M to $1.5M per year. Tenant was evicted due to questionable activities. This is a turn key operation with equipment ages between 1 to 5 years old. Bargain opportunity for experienced person who knows how to run a restaurant business. Restaurant is an excellent condition. Main Dining room have a seating for 64 people. Private dining room siting additional 16 people. For additional information please contact Mark Gavrilov 516-942-3588 or visit our web site at www.gmdcbc.com

 

   
Year Business was Established: 2001
   
Facilities / Terms of Lease: Business located in north shore eastern Suffolk County and occupies 3122 sqf on the main level + 819 sqf second floor that is being used as an office and the storage room. Long lease will be available should the Buyer decide to lease the premises at starting rent of $7950 includes tax. Optional property .66 acres =24,000 sqf with the Building that was build in 2001 is also available for sale at $1.85M. RE taxes $19,578. Ample parking  
   
Owner willing to finance: Partial financing is a possibility negotiable  
   
Reason for selling: Tenant was evicted  
   
Seller Reference Number: 257
BusinessMart.com Listing Number: 41735
 

 

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For more info contact:

Mark Gavrilov

GMDC Business Consultants
516-942-3588

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