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Diner with Property

Nassau County, New York

Asking Price: Gross: Cash Flow:
$1,950,000 $1,000,000 $160,000

Furniture and Fixtures Value:
$500,000 (included in the asking price)

Real Estate:
$1,500,000 (included in the asking price)

Business Summary:
Restaurant Style diner loved within their community for the past 15 years. This diner- restaurant has been family owned and operated since being built. This is one of those places that customers don’t mind standing on line on the weekends. Very busy breakfast and lunch restaurant in Nassau County, New York. Excellent reputation, highly rated with little competition. Open 7 days per week from 6am to 10pm. It has recently been updated with a full line kitchen, storage area and a main dining room that seats 95 plus counter seating. Present owner built a beautiful business but wants to have time off and slow things down. This is a rare opportunity to purchase a profitable diner-restaurant AND the property. Why pay Rent when you can own this PRIME real estate in Nassau County? The Real Estate Property is priced at $1.5 million and the purchase price for the diner is $450,000. The property even has rental income from other small tenants which pays the real estate taxes on the property. The seller is very motivated and will personally hold a note for a qualified buyer up to 1 Million Dollars. Please refer to listing #11956 when inquiring about this listing.

 
   
 

 

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