Seaside Restaurant with AAA Location
Nassau County, New York
Asking Price: |
Gross: |
Cash Flow: |
$350,000 |
$750,000 |
$125,000 |
Furniture and Fixtures Value:
$500,000 (included in the asking price)
Business Summary:
This busy little Restaurant with full liquor license has a AAA location where all the action is. This UNIQUE busy Restaurant is a very RARE find on Long Island with systems in place and set up like a franchise without paying royalties. The business has highly visible location on a main street with ample parking. The restaurant has solid $15,000 in weekly sales with rent of only $3,200 monthly! Tons of character with seating inside and outside. This business cannot be duplicated for the selling price of $350,000. The Owner is NOT in the restaurant business and has payroll upwards of 40% which is way too high and should be normalized at 30%. With some adjustments, an owner/operator can earn $125,000. ‘TIS THE SEASON TO MAKE A DEAL!! Waterfront community is at its highest peak. Get in now. This is a young business and numbers continue to go NORTH. Please refer to listing #14238 when inquiring about this opportunity.
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Owner
willing to train:
Yes |
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REQUEST MORE INFO |
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