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Popular, High Grossing Restaurant in North Shore Nassau 1493

Nassau County, New York

Asking Price: Gross: Cash Flow:
$850,000 $1,600,000 Undisclosed

Business Summary:
Restaurant is well-established and has been open for business 40+ years. Located on a busy, high-trafficking road, sales are $30,000/weekly with 70% food and 30% liquor. Restaurant is open for dinner, 7 nights a week.

 
   
   
Facilities / Terms of Lease: 1500 sq. ft. restaurant with seating for 75 in the dining area and 8 at the bar. Rent is $7800/month including taxes with a 4 year lease with additional leasing option. Parking is available in a lot behind the restaurant.  
   
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 is asking $425,000 down.  

 

 

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