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$1M Restaurant with Property for Less Than Property Value for sale in Nassau County, NY

Nassau County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 2,350,000 $ 1,560,000 $ 150,000

Furniture and Fixtures Value:
$ 1,500,000 (included in the asking price)

Real Estate:
$ 2,500,000 (included in the asking price)

Business Summary:
Your choice on what you want to buy. Purchase a busy Pizzeria-Restaurant only, or purchase the business AND the Real Estate Property in the HEART of Nassau County. This is truly a RARE opportunity to find a business and property with such huge exposure on a busy main artery in Nassau County. They have it ALL, Huge Exposure, State of the Art Restaurant, Kitchen to pump out Millions in Revenue, Plenty of Parking, and the ability to BE THE LANDLORD instead of Renting. The business is priced at ONLY $450,000 and would cost THREE TIMES that much too duplicate. The real estate property was just appraised at $2,500,000. This successful operation can be purchased with or without the property, and if both the Business and Property are being purchased the total price is $2,350,000. Long Term Lease from the seller is available if the buyer wants to rent the property. The owner currently has serious personal issues that is forcing this sale and has priced the opportunity very aggressively. This 8,000 Square foot Pizzeria & Restaurant occupies over 2 floors. A huge state of the art kitchen with the ability to handle a high volume of catering is a chef’s paradise to call home. Purchase the property or sign a long term lease YOUR Choice. If you are looking for a winning operation with strong books and records and the option to buy the property, request more info on listing #12344.

 

   
Owner willing to train: Yes  
   
Seller Reference Number: 12344
BusinessMart.com Listing Number: 186283
 

 

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For more info contact:

Ken Stein

Kensington Company & Affiliates
516-626-2211

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