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Restaurant with Low Rent / Open Ony 6 Days

Nassau County, New York

Asking Price: Gross: Cash Flow:
$399,000 $1,800,000 $250,000

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

Business Summary:
The seller has just announced the sale of an amazing NICHE restaurant. This bar/restaurant has a gorgeous huge bar and the whole place has seating for over 75 seats. Seller has other restaurants in the city and needs to sell and get pack to the city. This was built 3 years ago and cost $1 Million. The concept is unique and the buyer has the choice to run with it, or take this beautifully built-out restaurant and make it their own concept and cuisine. There are too many great things to list them all but here are a few- Full basement, Rent is only 6% of sales with a 15 year lease in one of Nassau County’s best walking towns, liquor sales are 30%... and I can go on and on…Staff is in place and ready to be taken over without changing or missing a beat. Doing a solid $35,000 per week in sales allows the Seller to take home a strong $250,000 per year. If this is not enough, how about this- it is ONLY OPEN 6 NIGHTS WEEK FROM 5PM-10PM. This is truly amazing to have quality of life in the restaurant business being open ONLY 30 hours per week. Has potential to do much more with extending the hours for lunch and much more.Please refer to listing number 13897 when inquiring about the restaurant.

 
   
   
Number of Employees: 17  
   
Owner willing to train: Yes  
 

 

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