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Well-Established, High Grossing Waterside Nassau Restaurant1466

Nassau County, New York

Asking Price: Gross: Cash Flow:
$575,000 $1,560,000 Undisclosed

Real Estate:
$1,500,000 ( not included in the asking price)

Business Summary:
Restaurant boasts a welcoming stylish and classy atmosphere in a relaxing, waterside location. Restaurant has a great reputation and has been well established for 15 years, as shown through its high grossing sales! Sales are $30,000+/weekly with 70% food, 30% liquor. Currently opening 6 days in the winter for lunch and dinner.

 
   
   
Facilities / Terms of Lease: Large restaurant with seating for 125+ in two dining areas and at the bar. Rent is $9,000/month plus yearly taxes. Property is also available for purchase. There are 10 years left on the lease with a five-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 on our website, www.altsolut.net.  
   
Owner willing to finance: Seller financing is available. Seller is asking $287,500 down.  
 

 

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