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High-Grossing Suffolk Restaurant Featuring Asian Cuisines 1463

Suffolk County, New York

Asking Price: Gross: Cash Flow:
$1,000,000 $1,560,000 Undisclosed

Business Summary:
Restaurant boasts a stylish, oriental atmosphere. Restaurant has a great reputation and is well established, as shown through its high grossing sales! Located on a busy road, sales are $30,000/weekly with 90% food, 10% liquor. Open 7 days a week for lunch and dinner with take-out available.

 
   
   
Facilities / Terms of Lease: Large restaurant with seating for 180 in dining room with additional seating available at the bar. Rent in $7500/month with taxes not included. Taxes are $14,000/year. There are 8 years left on the current lease with a 5 year option. Parking is available in an adjacent lot.  
   
Competition: We are Long Island’s only exclusive brokerage firm for the food and beverage industry. We have over 150 listings for restaurants and bars for sale.  
   
Owner willing to finance: Seller is asking $335,000 down.  

 

 

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