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Gorgeous North Shore Restaurant

Long Island, New York

Asking Price: Gross: Cash Flow:
$329,000 $1,350,000 Undisclosed

Furniture and Fixtures Value:
$1,200,000 (included in the asking price)

Business Summary:
This well-known location on Long Island is a great opportunity for a buyer to purchase a newly renovated beautiful restaurant in an area where the WHO’S WHO- HANGS OUT. The owner has other interests and has limited experience in this industry so decided to sell the Restaurant after spending over $1,200,000 on the development of its interior and exterior. This restaurant has weekly sales of $26,000 and has seating for 150 customers (62 in dining room – 40 in the indoor patio – 16 at the bar – 16 at the cocktail tables. This absolute STATE OF THE ART restaurant needs nothing but the KEY & CONCEPT. The new operator would have TREMENDOUS potential with this location. Great bar for happy hours, full liquor license, just shy of 4000 square feet, has a 5 screen POS system and a video surveillance system, long desirable lease in place. Weekly live entertainment, full basement. This has STEAKHOUSE written all over it!!! Please refer to listing number 11783 when inquiring about this opportunity.

 
   
 

 

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