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Asking Price$1,300,000
Revenue$2,100,000 EstablishedUndisclosed
Cash Flow$400,000 Employees10 full, 10 part
FF&E$300,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Established Seafood Restaurant with a full fish market for sale and is a must see! This restaurant offers fresh fish, take-out, catering, eat-in as well as a full bar that seats 220. Established with brand name for over 50 years! The Seller will consider a partnership or stay working a few days a week full-time. There is a Full staff including managers and bookkeepers who will also stay on board. Please note, this brand name can open a lot of satellite locations in New York as well as out of state with full plans in place. A Buyer who is financially sound may net over a half million dollars a year or more at this location. This restaurant has a ton of hidden potential Real estate is also available from PMTG Reality for an additional $2.2 Million this includes a large free-standing restaurant, parking lot and income home that also nets $30,000 plus yearly. Investors, do not let this rare gem pass you by. This is your chance to start a branded franchise of satellite locations. This restaurant nets over $400k after big mortgage, with an asking of $3.5 MIllion for real estate, home and business 25 percent market, 15 percent bar 55 percent eat-in and take-out. This business has short hours and closes at 9 pm. Please contact the broker at 1-877-735-5224. PM
Training/Support:The seller will train the new owner
Seller Financing:1,300,000.00 Down & TBD
Sale Reason:Seller is retiring.
Ad #101432
Seller Reference #30822
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Contact This Seller
Jim Aloi
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