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Business Sales & Acquisitions

Restaurant/Cafe

Price: $349,000

Location: Nassau County, New York

Industry: Food and Restaurants

Listing ID: 00147

Gorgeous restaurant on very busy main road, high traffic area. Everything is in mint condition, updated equipment. Menu prices are extremely affordable and priced well below competition in surrounding area. Tablecloth service, same owner 28 years looking to retire excellent books. Huge potential growth

Great upside growth potential for new buyer by extending operating hours. Room to install pizza oven to expand menu. New buyer can easily increase sales by doing lunch and dinner deliveries, very large corporate client base in area.

Listing Details

Gross Revenue: $675,000

Cash Flow: $230,000

FFE: $30,000

Inventory: $3,000

Reason For Sale:

retirement

Operation

Year Established: 1986

Days & Hours of Operation: Lunch hours: 11:30am-3:00pm Tues-Tri. Dinner hours: 4:30pm-9pm Tues-Thurs 4:30pm-10:00pm Fri & Sat 2

Non-Owner Payroll: $85,000

Employees: 5 FT 3 PT

Location

Lease Option: 10 years

Monthly Rent: $ 45,000

Square Footage: 1500