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Profitable Restaurant with Property for sale in Suffolk County, NY

Suffolk County, New York (NY)

Asking Price: Gross: Cash Flow:
$ 1,100,000 $ 2,000,000 $ 250,000

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

Real Estate:
$ 1,000,000 (included in the asking price)

Business Summary:
Location, Location, Location - perfectly situated in the heart of a very happening Suffolk county city, this is the GO-TO spot in the neighborhood. The opportunity here is to own a state of the art, profitable restaurant, along with the real estate property and pay what you might pay in rent alone. The business opportunity is to BECOME THE LANDLORD and acquire both the restaurant as well as the property. As a restaurant owner that owns their own property you no longer need to worry about rent increases, restrictive landlords or spending money to improve someone else’s premises, you would be improving your OWN building. There is plenty of seating and parking as well as a very ample kitchen and storage area to accommodate the current business as well as future growth. This beautiful restaurant comes complete with a brand new kitchen newly remodeled, and plenty of parking. The business currently does approximately $2 million in sales with owner’s adjusted earnings of over $250,000. The new owner can come in and even improve on these results as the current owners are spread between multiple locations. Financing available for qualified candidates, Please refer to listing number 14137 when inquiring about this opportunity.

 

   
Year Business was Established: 2015
   
Number of Employees: 15  
   
Owner willing to train: Yes  
   
Seller Reference Number: 14137
BusinessMart.com Listing Number: 249613
 

 

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For more info contact:

Ken Stein

Kensington Company & Affiliates
516-626-2211

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